News / Container spot rates hold steady, but carrier hopes price rises will stick are fading

Container freight rates on the major headhaul trades from Asia stabilised this week, however, they remain significantly below the levels of a year ago.

Container spot rates as recorded by the Shanghai Containerized Freight Index (SCFI) were flat this week for both Europe and the US.

For North Europe, rates on today’s SCFI were down $1 at $584 per teu, while for Mediterranean ports the index was up $1 to $601 per teu, which compares badly with a year ago’s $866 and $827 per ...