Subscribe to RSS feedAsia-Europe rates slip after surge
by
Gavin van Marle, London
—
last modified
Mar 29, 2010 02:27 PM
FREIGHT rates on the key Asia-Europe container trade remained under pressure last week.
Another fall in the Shanghai Containerised Freight Index was expected following the previous week’s US$60 decline to US$2,104 per teu in the Shanghai to northern Europe component.
The move comes as carriers begin to reintroduce tonnage onto the route.
The...
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