Asia-Europe rate rises 15% to USD 1,015 TEU, soars 26% to USWC
According to the Shanghai Containerized Freight Index (SCFI), Spot rates for shipping containers from Asia to northern Europe in the week ending Friday rose 15.1% to USD 1,015 per Twenty Foot Equivalent Unit (TEU).
Asia-Mediterranean trade increased 8.3% to USD 951 per TEU.
On the other hand Asia to the US west coast soared 26.2% weekover week to USD 1,378 per FEU while those to the east coast were up 17% to USD 2,356 per FEU.
Tag Keyword: Shipping Containers , Rates , Shanghai Containerized Freight Index , Asia-Mediterranean Trade