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A-E rate drops 8pc to US$713/TEU, down 14pc to Med ports, off 9pc to USWC
SPOT rates for shipping containers from Asia to Northern Europe fell eight per cent to US$713 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI), IHS Media reported.
The Asia-Med component of the SCFI fell 14 per cent to US$664 per TEU.
Asia to the US West Coast dropped nine per cent week-over-week to $1,296 per FEU while those to the East Coast declined seven per cent to $1,744 per FEU.
The Asia-Med component of the SCFI fell 14 per cent to US$664 per TEU.
Asia to the US West Coast dropped nine per cent week-over-week to $1,296 per FEU while those to the East Coast declined seven per cent to $1,744 per FEU.
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