US EditionAsian-Europe Container Freight Rally Pauses as Spot Rates Soften
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'Another painful headache for shippers' as Asia-N Europe rate rally ends - The Loadstar
It seems the recent container freight spot rate rally on the Asia-North Europe trade might have come to an end, at least temporarily. The Shanghai-Rotterdam leg of Drewry’s World Container Index recorded a 2% week-on-week drop, to end at $3,384 per 40ft, ending six consecutive weeks of price rises on the route. There was, however, some disparity between the different indices: the SCFI was essentially flat, at $3,996 per 40ft, as was ... The post…
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