Container shipping spot freight rates on the main deepsea east-west trades largely remained stable over the past week.
The composite Shanghai Containerised Freight Index (SCFI) slipped just 0.5% on the week before.
Rates on the Shanghai-North Europe trade also declined by 0.5% to finish the week at $881 per teu, according to the SCFI, while the Drewry-assessed World Container Index yesterday recorded a rate of $1,677 per 40ft between Shanghai and Rotterdam.
The …
The post Container rates stable, but carriers still cutting capacity despite peak season appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Container rates stable, but carriers still cutting capacity despite peak season"