Asia-Europe rates shed 80 percent in a year, SCFI data shows

Asia-Europe rates shed 80 percent in a year, SCFI data shows
HONG KONG — Asia-Europe freight rates are now 82 percent lower than at the same time last year, dropping by 15.6 percent this week to settle at the latest record low of $205 per 20-foot container, according to the latest reading of the Shanghai Containerised Freight Index.This time of year…
Asia-Europe rates shed 80 percent in a year, SCFI data shows
International Freight