Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
The US spot rate components of the Shanghai Containerized Freight Index (SCFI) tumbled again this week, shedding a massive $235 per 40ft for east coast ports and $95 for the west coast.
The rates fell 4.7% from Asia to the US west coast, to $1,935 per 40ft, ...
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