Asia-Europe spot rate tumbles to 11-month low
The 21,413-TEU OOCL Hong Kong in Hamburg.
Spot rates on Asia-Europe have now fallen to the lowest level in almost a year with carrier attempts to raise rates during the traditionally busy run-up to China’s Golden Week holidays failing completely.The Shanghai Shipping Exchange’s SCFI showed spot rates from Shanghai to Rotterdam…
Asia-Europe spot rate tumbles to 11-month low
Journal of Commerce