Asia-Europe rate drops 1.4% to USD 918 TEU, off 1.2% to USWC

Asia-Europe rate drops 1.4% to USD 918 TEU, off 1.2% to USWC

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined 1.4% to USD 918 per Twenty Foot Equivalent Unit (TEU), according to the Shanghai Containerised Freight Index (SCFI).

 

Asia-Mediterranean trade dropped 2.1% to USD 831 per TEU.

Asia to the US west coast rates were up 1.2% week to week to USD 1,659 per FEU while those to the east coast fell 1.1% to USD 2,592 per FEU.

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