Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Tumbling spot container freight rates on all shipping routes from China caused the Shanghai Containerized Freight Index (SCFI) to shed 7% this week, sinking to another all-time low.
The SCFI has now fallen by 60% over the past year, reflecting increased weakness in every tradelane it ...
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Comment on this article
Cory Margand
March 13, 2016 at 1:48 pmGood article. It always amazes me that BCO’s rely on contract/tenders only for the most part. SimpliShip offers them flexibility to procure spot rates in the most efficient way possible. Time for the archaic process to change!