TRANSPACIFIC rates came under more pressure last week as liner operators began adding capacity. The Shanghai Containerized Freight Index (SCFI) on November 10 showed that Shanghai-US West Coast rates lost 12 per cent to US$1,843/FEU, while Shanghai-US East Coast rates dipped by 3 per cent, to US$2,354/FEU. Consultancy Linerlytica said: ‘Zim ‘s re-introduction of its ZIM eCommerce Xpress (ZEX) in November came as a surprise, but more capacity to the US West Coast is due to be introduced by CMA...
https://www.seanews.com.tr/rates-continue-to-fall-with-increasing-capacity/198869/