Today’s Shanghai Containerized Freight Index (SCFI) shows a marginal decline in spot rates to North Europe, but there was a jump in rates for the North American market, which is good news for ocean carriers just weeks before new annual transpacific contract negotiations commence.
The SCFI recorded a 0.9% fall in spot rates from Asia to North Europe to $970 per teu, while rates to Mediterranean ports were virtually flat at …
The post Box carriers gaining from oil price slump, Brexit and robust rates appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Box carriers gaining from oil price slump, Brexit and robust rates"