News / Container spot rates up out of Asia, but backhaul rates falling at last

28/04/2017

Container spot rates between Asia and Europe and Asia and the US surged this week on the back of new rate increases and worsening congestion at Chinese ports.

Rates to North Europe, as recorded by the Shanghai Containerized Freight Index (SCFI) leapt 16% to $1,021 per teu, ahead of 1 May FAK (freight all kinds) rate hikes by carriers.

And for Mediterranean ports, the percentage increase was even higher, at 20%, taking the spot rate to $1,011 per teu.

Meanwhile transpacific carriers appear to have ...