Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
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Container shipping spot rates on the main east-west trades fell once again this week, reversing the increases made by carriers last week after a general rate increase was introduced on Monday.
The Shanghai Containerised Freight Index‘s (SCFI) leg to North Europe fell by 9%, and was at $1,230 per teu this morning from $1,353 per teu last week, and represented an effective 19% decline from the gains made this time last week.
In response, carriers have begun to announce a new round ...
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