The Shanghai Containerized Freight Index (SCFI), published today after a break for the Chinese Golden Week holiday, reveals a sharp contrast in fortunes for the major carriers.
The decision by Asia-North Europe carriers to blank or suspend 11 headhaul voyages this month appears to have halted the slide in spot rates on the route, the SCFI component virtually unchanged at $731 per teu.
However, if the 2M Alliance reactivates its AE2/Swan loop earlier …
The post Early AE2/Swan return would add to the pressure on Asia-Europe carriers appeared first on The Loadstar.
Source: The Loadstar
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