Rates shoot up 25% in just one week on Asia-Europe tradelane

As analysts have been predicting, spot rates on the Asia-Europe container tradelane shot up today, playing belated catch-up with the booming transpacific. Tight capacity and limited equipment availability amid a spike in consumer demand saw rates published on the Shanghai Containerized Freight Index (SCFI) leap $447 per teu to $2,091, up 27% in the space …

splash247