Container rates continue rising for third week in a row

Following many weeks of decline, container rates on routes out of Shanghai now increase for the third consecutive week.

Photo: Casper Dalhoff/Ritzau Scanpix

Spot prices on container freight from Shanghai to the rest of the world increased this week for the third week in a row, according to data provided by the Shanghai Shipping Exchange.

The data were made public Thursday already due to this Friday’s holiday related to the Dragon Boat Festival in China.

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