
On the heavy trade route from Asia to North Europe, the price to freight a twenty-foot container (teu) fell 25 percent to USD 833 this week.
Last week, the spot rates had otherwise jumped 177 percent, or USD 709, to USD 1109 per teu on the route. But this came on the heels of a decline of 20-26 percent in the previous three weeks, which has now happened again.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app