White House moves create yet more stormy water on the transpacific
The 90-day tariff moratorium on US imports, except those from China, have failed to keep ...
By Mike Wackett
The North Europe component of the Shanghai Containerised Freight Index (SCFI) soared 20% this week to $930 per teu as carriers succeeded in implementing a good quantum of their 1 December rate increases.
The boost from the container spot rate market could not have been better timed for Asia-Europe carriers, in the midst of annual contract rate negotiations, and is a far cry from the dire situation of a year ago.
Then, the SCFI recorded a massive $279 drop for North Europe, ...
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