News / Carriers still mired in spot rate doldrums as slack season sets in

Shanghai Yangshan deepwater port
© Woraphon Banchobdi
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Today’s Shanghai Containerized Freight Index (SCFI) shows no sign of a recovery with spot rates for most trades still dropping, following a break for China’s Golden Week holiday.

The Asia-North Europe component of the SCFI recorded a further 2% decline, to $581 per teu, which is 21% ...

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    2M Asia-Mediterranean Asia-North Europe Asia-US east coast Rates: the eternal tango SCFI THE Alliance Transpacific Trade