Box Export Rates To Be Capped As China Slowly Goes Back To Work

Coronavirus fallout is beginning to show up in freight rates for outbound containerized cargoes from China, says an article published in Freight Waves.

• The price to ship a forty-foot-equivalent unit (FEU) container on various trade lanes is tracked by the Freightos Baltic Daily Index.
• The price to ship from China to the North American West Coast (SONAR: FBXD.CNAW) is down 7.9% over the past week, the price from China to the U.S. East Coast (SONAR: FBXD.CNAE) is down...

http://mfame.guru/box-export-rates-to-be-capped-as-china-slowly-goes-back-to-work/