The global container freight market continued to face imbalances in March after an unseasonal demand cycle which saw container throughput at Chinese ports climb 37.9% year over year in February and U.S. seaborne imports per day increase 13.0% higher than the prior three months’ average in March. The late-in-month blockage of the Suez Canal will continue to cause imbalances into April. The annual container shipping contract round has seen more activity than usual, with 12-month forward contracts being signed at $2,500 to $3,000 per forty-foot equivalent unit (FEU) on Transpacific...