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News / Carriers continue capacity balancing and reduce rates to attract cargo

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© José Lledó |
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Container spot rates from Asia to Europe fell back this week as carriers started to reduce rates slightly to attract cargo.

Today’s Shanghai Containerized Freight Index (SCFI) edged down 1.4% on the week to North Europe, to $907 per teu, while the Mediterranean component declined 1.2%, ...

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    2M Asia-North Europe CMA CGM Freightos HMM Ocean Alliance Port of Los Angeles SCFI THE Alliance US east coast