The peak season for Asia-Europe shipments is expected early, with mainline operators reporting higher cargo volumes, resulting in higher freight rates.
On Friday, the Shanghai Containerised Freight Index showed 4% week-on-week growth in the Shanghai-North Europe rate, to $2,584 per 40ft and a 2% rise in the Shanghai-Mediterranean rate, to $3,263 per 40ft.
For the transpacific, the SCFI registered a 4% increase in the Shanghai-US West Coast rate,…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.