SCFI: Asia-to-Europe Rates Ebb Post-GRI

Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index slipped in the week ending Nov. 8, seeing some gains from last week’s substantial increase erode. Both Mediterranean and northern European lanes rates fell more than $100 per 20-foot-equivalent unit following last week’s jumps of between $700 and $800 per TEU.
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