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You are here: Home » International News » Shipping» Asia-Europe rate drops 2% to USD 859 TEU, off 4.8% to USWC

Asia-Europe rate drops 2% to USD 859 TEU, off 4.8% to USWC

14 March 2017 | Asia
 

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Spot rates for shipping containers from Asia to northern Europe dropped 2% to USD 859 per Twenty Foot Equivalent Unit (TEU) in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade slipped 1.8% to USD 838 per TEU.

Asia to the US west coast declined 4.8% week-over-week to USD 1,424 per FEU while those to the east coast down 2.3% to USD 2,887 per FEU.

   
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