Main container trades see increases for the first time this year
Rates on services from Asia to Europe picked up last week for the first time this year, just prior to carriers bringing in price increases on Monday. According to the Shanghai Containerised Freight Index (SCFI), all-in spot rates on services from Asia to Europe reached US$806 per teu last week from $800 per teu the week before.
This is around $600 per teu below the average rate on the trade lane at the start of the year, around $200 per teu less than those recorded at the end of Q1 and around $100 less than at the end of Q2. Read more here.
