Container spot rates from Asia to the US soared this week as the aggressive blank sailing programmes of transpacific carriers resulted in a capacity crunch and container rollovers.
The US west coast component of today’s Shanghai Containerized Freight Index (SCFI) leapt 25% to $2,097 per 40ft, 42% higher than the same week of last year and the highest rate recorded for the tradelane for some 18 months.
The SCFI also recorded a …

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Source: The Loadstar