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A-E rate soars 62pc to US$732/TEU, up 58pc to Med, 18pc to USWC

SPOT rates for shipping containers from Asia to Northern Europe shot up 62 per cent to US$732 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

A-E rate soars 62pc to US$732/TEU, up 58pc to Med, 18pc to USWC
01 May 2016 - 20:04

A-E rate soars 62pc to US$732/TEU, up 58pc to Med, 18pc to USWC
SPOT rates for shipping containers from Asia to Northern Europe shot up 62 per cent to US$732 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 
The Asia-Med component of the SCFI increased 58 per cent to US$944 per TEU. 
Shanghai to the US west coast rise 18.2 per cent to $857 per FEU as rates to the US east coast up six per cent to $1,694 per FEU. 

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