Asia-Europe rate jumps 32.5pc to US$774/TEU, up 21.8pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday surged 32.5 per cent to US$774 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade increased 15.5 per cent to $694 per TEU. Asia to the US west coast jumped 21.8 per cent to $1,403 per FEU while those to the east coast rose 8.1 per cent to $2,371 per FEU.

Source: Schednet

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