Ex-Shanghai spot rates decrease on major routes

Freight rates for exporting containers from China slightly decreased on many trade routes in the week of Sept. 2. The Shanghai Shipping Exchange (SSE) announced on Sept. 6 that the Shanghai Containerized Freight Index (SCFI) for the week in question was 795.05 points, a decline of 3% from the previous week.

On the route between China and Europe, some shipping companies accepted shipment at discounted rates, slightly lowering freight rates. Spot rates went down 6.2% to $710 per TEU. Similarly,...

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