hong kong © Pindiyath100
© Pindiyath

The US spot rate components of the Shanghai Containerized Freight Index (SCFI) tumbled again this week, shedding a massive $235 per 40ft for east coast ports and $95 for the west coast.

The rates fell 4.7% from Asia to the US west coast, to $1,935 per 40ft, and tanked by 7.5% to the US east coast, to drop to $2,901 per 40ft, falling back down to the pre-peak season levels of early August.

The transpac carriers need to ride out a few more weeks ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.