Container rates continue down for third consecutive week
With the recent development, the SCFI is 79.6 percent lower than a year ago.
by Marketwire
Spot prices on global container freight decline for the third week in a row.
This week, the Shanghai Containerized Freight Index (SCFI), which measures spot prices on box freight from Shanghai to a number of destinations around the globe, fell by 0.2 percent to 1,029.75.
The index is thus 79.6 percent below last year’s level.
English edit: Kristoffer Grønbæk
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