New price hikes may slow ocean spot rate slide – but for how long?
Container spot freight rate indices showed some divergence this week, indicating that recent falls in ...
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 west coast ports they have risen 22%.
Space on ships bound for Europe is at a premium ahead of Chinese New Year, on 25 January, and carrier sources tell The Loadstar they are ’rolling’ containers for North European ...
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