Asia-Europe rate falls slightly by US$13 to $775/TEU
SPOT rates for shipping containers from Asia to northern Europe fell just US$13 to US$775 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI).
Asia to the US west coast slipped 10 per cent week-over-week to $1,528 per FEU while those to the east coast off 4.2 per cent to $2,513 per FEU, according to IHS Media.
SPOT rates for shipping containers from Asia to northern Europe fell just US$13 to US$775 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI).
Asia to the US west coast slipped 10 per cent week-over-week to $1,528 per FEU while those to the east coast off 4.2 per cent to $2,513 per FEU, according to IHS Media.