Transpacific rates hit new high – $4,000 from Asia to USWC looks likely

The Shanghai Containerized Freight Index (SCFI) has continued on its bull run this week, its comprehensive index ticking up another 16 points today to 1,184, which is 53% higher than a year ago.
Container spot rates on the transpacific recorded modest increases, the SCFI component for the US west coast edging up $34 to hit a new record for the tradelane of $3,440 per 40ft, a massive 167% above the same …

The post Transpacific rates hit new high – $4,000 from Asia to USWC looks likely appeared first on The Loadstar.

Source: The Loadstar

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