Rates on east-west trade lanes drifted lower in the Friday release of the Shanghai Containerized Freight Index ahead of a one-week lapse of the index because of the Chinese New Year holiday. “The trend seen over the past of few weeks has continued with steady but fairly low declines across all the main trade lanes,” ICAP said.
SCFI Shows Decline in Rates Before Chinese Holiday
More on JOC
Apr 30, 2013 2:00PM EDT
Mar 20, 2013 11:00AM EDT
Feb 26, 2013 2:00PM EST
Is Your Supply Chain Costing You Money?
Best Practices for Building a Resilient Supply Chain
Bridge the Gaps in Your GTM Operations with Gartner Research