Carriers Gone Too Far With Prices As Rates Soar

Capt. John

According to a LoadStar report written by Mike Wackett, there are signs that spot rates from Asia to Europe might be beginning to cool at last.

  • Today’s Shanghai Containerized Freight Index (SCFI) comprehensive index inched up just half a percentage point this week to 2,885, which is 190% higher than a year ago.
  • The North Europe component eased back slightly, by $39, to $4,413 per teu, after putting on $650 in the previous two weeks.
  • Spot rates from Asia to the Mediterranean remained virtually...

https://mfame.guru/carriers-gone-too-far-with-prices-as-rates-soar/

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