SCFI Shows Decline in Rates Before Chinese Holiday

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.

Please consider registering in order to access the full article.