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Container rates continue to skyrocket with sharp increases on Asia-Europe

Container freight rates from China to the rest of the world continued to soar this week, reaching the highest level in several years. This week, freight rates from Asia to Europe took the lead.

Photo: PR / CMA CGM

Rates for container freight from China to the rest of the world continued their significant increases this week, reaching some of the highest levels seen in many years.

This week, developments were particularly driven by rates from Asia to Europe, shows rate index Shanghai Containerized Freight Index, SCFI, which measures spot rates on container freight from Shanghai to various destinations around the world.

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