Global container shipping rates have fallen for the 17th consecutive week, as there is an “abundance” of capacity on the Asia-Europe and Asia-US trade lanes. The overall weekly index for container rates on services from Shanghai slipped 1.4% last week, compared with two weeks ago, to reach 1,242.87.
Green Marine
about 16 years ago
Container shipping rates still on the slide
Global container shipping rates have fallen for the 17th consecutive week, as there is an “abundance” of capacity on the Asia-Europe and Asia-US trade lanes. The overall weekly index for container rates on services from Shanghai slipped 1.4% last week, compared with two weeks ago, to reach 1,242.87.
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