ship in port Photo 181044292 Cargo © Mr.siwabud Veerapaisarn Dreamstime.com
© Mr.siwabud Veerapaisarn

A parallel freight market is emerging for exports from China that undercuts the lowest container spot rates.

Asia-North Europe ocean carriers are proactively quoting small- and medium-volume shippers ‘special’ FAK rates below $1,000 per 40ft from China to the UK, as they scramble to fill their ships in the dismal market that has followed the Chinese New Year holiday.

Indeed, The Loadstar has sighted an e-mailed quote this week from a major carrier for $998 per 40ft from a range of Chinese ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.
  • Marc Greenberg

    February 03, 2023 at 2:34 pm

    Carriers continue to wreak havoc on markets……as always!

  • PETER ROOKE

    February 03, 2023 at 3:08 pm

    $998 is a certain carriers rate, but then subject to fuel additional so actually $1400. check your sources