News / Festive boost for container lines as tighter supply pushes up spot rates

Aerial top view container cargo ship unloading in import export

ID 144595589 © Mr.siwabud Veerapaisarn | Dreamstime.com

06/01/2020

Container spot rates from Asia to Europe and the US soared in the final weeks of 2019, boosted by tightening supply and low-sulphur surcharges.

According to the latest Shanghai Containerized Freight Index (SCFI), rates to North Europe have jumped 19% since 20 December, and to US ...

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