Asia-Europe rate drops 4.5% to USD 969 TEU, off 3.3% to USWC
Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 4.5% to USD 969 per Twenty Foot Equivalent Unit (TEU), according to the Shanghai Containerized Freight Index (SCFI).
Asia-Mediterranean trade fell 4.7% to USD 906 per TEU.
Asia to the US west coast declined 3.3% week over week to USD 1,333 per FEU while those to the east coast slipped 2.1% to USD 2,307 per FEU.
Tag Keyword: Asia to Northern Europe , SCFI , Asia-Mediterranean Trade