Asia-Europe rate falls 3.5pc to US$961/TEU, off 7.9pc to USWC
SPOT rates for shipping containers from Asia to northern Europe fell 3.5 per cent to US$961 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI).
14 May 2017 - 20:00 - Update: 15 May 2017 - 01:26
Asia-Mediterranean trade dropped 3.9 per cent to $949 per TEU, American Shipper reported.
Asia to the US west coast declined 7.9 per cent week over week to $1,432 per FEU while those to the east coast were off 5.3 per cent to $2,432 per FEU.
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