Global freight rates on container shipping last week clung to a sustained trend by dipping even further – this time especially due to lower volumes during the Chinese New Year.
Drewry combined freight rates from eight of the world's biggest routes to and from the US, Europe and Asia into one single index. The analyst agency found that the global freight rates dropped 2.2 percent to USD 1464.90 per forty-foot container (feu) shipped, writes Sourcing Journal.
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