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News / Freight rate news is rough, but there may be smoother sailing ahead for container lines

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© Andres Rodriguez
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Bids to raise prices by Asia-Europe ocean carriers have so far failed to lift container spot rates, which remained stubbornly flat this week.

Despite mid-month GRI (general rate increase) and FAK (freight all kinds) container freight rate hikes, the Shanghai Containerized Freight Index (SCFI) was virtually unchanged ...

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