The Valencia Containerised Freight Index (VCFI) ended 2022 with a 13.10% drop in December compared to November.
The Port Authority of Valencia (PAV) noted that it is the index’s fourth consecutive month of decline in a year marked by uncertainty and market ups and downs.
Congestion levels have continued to fall in recent months, but pre-pandemic levels have not yet been achieved. In December 2022, freight prices declined by 22.61% in Central America and the Caribbean, 17.37% in Latin America and...
https://container-news.com/valencia-containerised-freight-index-continues-downward-trend/