Loading... Please wait!

Asia-Europe ocean spot rates sail into calmer waters as boxes are returned

January 29, 2021 by Choice Aviation Services0Air Cargo

Container shipping spot freight rates on the Asia-North Europe trade declined 2.7% this week – a further sign the recent exponential growth has levelled off.
Today’s Shanghai Containerised Freight Index (SCFI) Shanghai-North Europe leg was $4,276 per teu, down $117 per teu from last week, as carriers began to release more equipment to customers in China.
Christoph Baumeister, senior trade manager Asia/ISC-Europe at Flexport, said the rates decline was mainly driven by …

The post Asia-Europe ocean spot rates sail into calmer waters as boxes are returned appeared first on The Loadstar.

Source


Leave a Reply

Your email address will not be published. Required fields are marked *

Twitter

@aviation_choice - 3 months

5 Star: Sgt C. "They are very Professional and fast when you arrive. I never had a..."

@aviation_choice - 4 months

5 Star: Nancy E. "Everyone was professional but friendly, had knowledge from experience and had attention to detail…

Instagram