Container spot rates still falling, but gently, thanks to capacity discipline
Container spot freight rates on the main east-west trades all declined over the past week, ...
By Mike Wackett
Today’s Shanghai Containerized Freight Index (SCFI) shows a further 10.65-point gain in its comprehensive index to 1,448.87 – 71% higher than at the end of May.
The huge increase over the past five months, in the midst of the pandemic, has been driven by substantial gains ...
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