SCFI: Asia-to-Europe Lanes Soar in Lead Up to Dec. 15 GRI

Spot container rates from Asia to northern European and Mediterranean ports measured by the Shanghai Containerized Freight Index jumped by more than $500 each in the week of Dec. 13, only a few days before a general rate increase set for Dec. 15-16. MSC, Hapag Lloyd, Maersk and CMA CGM announced increases of between $750 and $775 per 20-foot-equivalent unit.

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