News / Asia-Europe lines facing 'self-destruction' make last-ditch bid to raise rates this year

18/09/2015

Another Friday, and another decline in the Shanghai Containerized Freight Index (SCFI) for Asia-Europe.

Ocean carriers probably now have one last chance to turn the tide of tumbling freight rates before the traditional slack season kicks in and, most importantly, before the renewal of annual contracts ...

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Anon
September 19, 2015 at 7:52 am
you cannot take Hapag-Lloyd or any other carriers’ average rates which includes ancilliary charges and compare them directly to the SCFI which only includes the ocean freight portion.

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