Spot rates for containers to the US are still falling, but Asia and Europe are getting a FAK boost

Spot shipping rates for containers from Asia varied this week between the North American and European markets.
Trans-Pacific spot rates have resumed their downward trajectory after a brief rise the previous week, with this week’s Drewry World Container Index (WCI) release following last week’s move in the Shanghai Container Freight Index (SCFI).
This week’s match between Shanghai and Los Angeles fell in the WCI by 12% from the previous week, ending at…

The post Container spot rates to US still decline, but Asia and Europe get FAK boost appeared first on The Loadstar.

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