SCFI: Asia-to-Europe Rates Slip Further

Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index lost more of their Nov. 1 general rate increase gains in the week ending Nov. 15. Both Mediterranean and northern European lanes have lost roughly $200 per 20-foot-equivalent unit in the past two weeks, following jumps from the Nov. 1 GRI of between $700 and $800 per TEU.
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