Intra-Asia rates slumping

British consultancy Drewry has launched an index covering one of the largest, most competitive container tradelanes. Drewry’s new Intra-Asia Container Index (IACI), which made its debut yesterday, comes at a time when spot rates in the region are under pressure.  Drewry’s composite index, a weighted average of spot container freight rates, decreased 25% to $668 …

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