Container spot rates hold steady, fuelling new hopes for a peak season after all

Container freight rates between Asia and Europe are holding firm, thanks to a demand spike and renewed hope of a peak season on the route.
The hopes stem from the unlocking of Covid-19 restrictions in Europe, boosting retail sales predictions.
The North European component of today’s Shanghai Containerized Freight Index (SCFI) ticked up 1.3% to $886 per teu, which is an impressive 24% higher than for the same week of last year.
For …

The post Container spot rates hold steady, fuelling new hopes for a peak season after all appeared first on The Loadstar.

Source: The Loadstar

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