Loading... Please wait!

Ripples from Suez ending in waves of price rises on all container tradelanes

April 9, 2021 by Choice Aviation Services0Air Cargo

There are reports of “sharp increases” in Asia-Europe container spot rates this week, as the fallout from the week-long Suez Canal blockage restricts both vessel and equipment capacity in Asia.
Today’s Ningbo Containerized Freight Index (NCFI) North Europe and Mediterranean component jumped by 8.7%, almost matching the 8.6% increase on the Shanghai Containerized Freight Index (SCFI).
“Carriers collectively pushed up rates for April voyages and booking prices rose sharply,” said the NCFI …

The post Ripples from Suez ending in waves of price rises on all container tradelanes appeared first on The Loadstar.

Source


Leave a Reply

Your email address will not be published.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

Twitter

@aviation_choice - 9 months

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

@aviation_choice - 11 months

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

Instagram