Container spot rates held steady this week, but they will finish 2017 significantly below the levels of a year ago, potentially diminishing carrier hopes of anything other than modest annual contract increases.
The Shanghai Containerized Freight Index (SCFI) was effectively unchanged from a week ago, with spot rates from Asia to North Europe at $800 per teu and at $596 per teu for Mediterranean ports.
For the transpacific trade, today’s SCFI reading from Asia to the US west …

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Source: The Loadstar