Shippers brace for rate rise as smart phones expected to drive air cargo market
The overwhelming majority of air cargo players, according to a new survey, expect airfreight rates ...
© Sheila Fitzgerald
Next week is set to see large increases in spot container shipping freight rates on the transpacific trades, according to figures from today’s Shanghai Containerised Freight Index (SCFI)
The index, which collates freight rates quoted for the week ahead from a group of carriers and customers, indicates that, as the peak shipping season gets under way, the trade between Asia and the US west coast will see rates rise 10.5%, to $2,074 per feu.
Meanwhile, the on the Asia-US east coast trade, ...
Comment on this article