A-E up 115pc to US$1,232/TEU, up 98.2pc to USWC, rising 76.5pc to USEC
SPOT rates for shipping containers from Asia to northern Europe soared 115pc per cent to US$1,232 per TEU in the week ending last Friday, according to the Shanghai Containerised Freight Index (SCFI).
Spot rates soared 146.5 per cent from Asia to Mediterranean, jumped 98.2 per cent to ports on the US west coast to $1,518 per FEU and were up 76.5 per cent to $2,555 per FEU to ports on the US east coast, Reuters reported.