Carriers cannot afford to ‘sit on their hands’ as Asia-Europe spot rates tumble

Container spot rates between Asia and North Europe have tumbled by around 18% since the beginning of the month, as the peak season gives way to weaker demand months.
The Shanghai Containerized Freight Index (SCFI) recorded a further 6.7% decline on the trade this week, to $766 per teu, and there was also a 5.6% drop in rates to Mediterranean ports, to $804 per teu.
Asia to Mediterranean spot rates have fallen about …

The post Carriers cannot afford to ‘sit on their hands’ as Asia-Europe spot rates tumble appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Carriers cannot afford to ‘sit on their hands’ as Asia-Europe spot rates tumble"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*