10-09-2018

Asia-Europe rate falls 6.9pc to US$868/TEU, rises 1.5pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell 6.9 per cent to US$868 per TEU, according to the Shanghai Containerised Freight Index, Reuters reported.

Asia to the US west coast rates rose 1.5 per cent to $2,332 per FEU while those to the east coast edged up 0.9 per cent to $3,518 per FEU.

Source: Schednet

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