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Asia-Europe rate rises 1.2pc to US$747/TEU


Spot rates for shipping containers from Asia to northern Europe in the week ending Friday increased 1.2 per cent to US$747 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
 
Asia-Mediterranean trade also up 3.7 per cent to $783 per TEU. Asia to US west coast declined 2.5 per cent to $2,190 per FEU while those to the east coast fell 6.8 per cent to $3,403 per FEU.
 
Source:schednet

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