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East-west rates diverge as transpac spots hold while Asia-Europe keeps falling - The Loadstar

Summary by The Loadstar
Container spot freight rates on the main east-west trades diverged this week after a series of rate hikes held on the transpacific trades, but failed to arrest the continued declines seen on Asia-Europe sailings. This week’s World Container Index (WCI) from Drewry saw both the Shanghai-Los Angeles and Shanghai-New York legs register week-on-week spot rate increases, while this week’s Shanghai Containerised Freight Index (SCFI), which records quo…
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The Loadstar broke the news in on Friday, April 4, 2025.
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