Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments.
According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI), a measure for spot prices for container exports from Shanghai that do not include terminal handling charges (THCs), fell 2.9% to 946.68 points (SSE). For the seventh week in a row, the composite indicator has been falling.
On east-west trade lanes, spot rates for...
https://container-news.com/spot-rates-for-shanghai-container-exports-fall-on-all-routes/