Trade growth getting stronger, but ocean freight rates stay flattish
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the ...
The Valencia Containerised Freight Index (VCFI) suffered a light decrease in September, like other similar rates, of 0.37% with respect to August, standing at 1,077.89 points against 1,081.94 points in the previous month. While it is true that the cumulative growth in the period from January to September reached a rate of 7.79%, the series shows stable behaviour since July, with rate increases and decreases around 1%.
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