Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Despite the huge uncertainty US tariffs have injected into container supply chains, and its potentially schizophrenic effect on demand, spot freight rates this week remained relatively strong.
Despite widespread reports of booking cancellations and suspensions on trades into the US, Drewry’s World Container Index (WCI), which records rates paid in the past week, saw marginal gains on almost every east-west trading route.
And today’s Shanghai Containerised Freight Index (SCFI), recording rates quoted in the past week, suggests next week will see continued ...
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