Asia-Europe rate falls 4.6pc to US$734/TEU, off 6.4pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell 4.6 per cent to US$734 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade dropped 2.9 per cent to $709 per TEU, American Shipper reported.

Asia to the US west coast slipped 6.4 per cent week over week to $1,484 per FEU while those to the east coast down 7.2 per cent to $2,105 per FEU.

Source: Schednet 

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