Carriers on the key Asia-Europe trades saw container shipping spot freight rates lift this week in advance of introducing new FAK levels on 1 June next week.
According to this morning’s Shanghai Containerised Freight Index (SCFI), spot rates between Shanghai and North European ports increased 4% to reach $825 per teu, while rates from the Chinese export hub to Mediterranean ports ticked up by 6.7% to $848 per teu.
The upwards trajectory …
The post Container shipping freight rates begin recovery on Asia-Europe ahead of June increases appeared first on The Loadstar.
Source: The Loadstar
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