A-E down 13pc to US$284/TEU, transpacific off 5.4pc to $1,447/FEU
SPOT rates from Asia to north Europe rates fell 13 per cent last week to $284 per TEU, according to estimates made by industry panellists for the Shanghai Shipping Exchange's Shanghai Containerised Freight Index (SCFI), reported American Shipper.
Rates from Shanghai fell by $79 to $1,447 per FEU to the US west coast; by $100 to $3,116 per FEU to the US east coast and by $87 to $379 per TEU to the Mediterranean.