News / Box rate bounce on Asia-Europe ocean trade may bode well for this week's GRIs

29/03/2016

After 11 consecutive weeks of declines, container shipping spot freight rates between Asia and Europe edged upwards last week.

However, there is still no traditional spike showing in the market ahead of carriers’ general rate increases (GRI) scheduled for Friday.

The Shanghai Containerised Freight Index (SCFI) on 25 ...

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