'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
© Vladimir Serebryanskiy
By Mike Wackett
Container spot rates seem to have shrugged off carriers’ attempts to add an emergency bunker surcharge (EBS).
And there are doubts emerging as to whether the lines can secure peak season surcharges (PSSs) this year.
The Asia to US components of the Shanghai Containerized Freight Index (SCFI) saw rates on the transpacific tumble again this week.
Spot rates for the US west coast fell another 6.8%, to $1,266 per feu, and for east coast ports there was further decline of 5%, taking the ...
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