SCFI: Shanghai-to-US Spot Container Rates Dip

Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index saw slight declines only one week after moving higher around a general rate increase recommended by the Transpacific Stabilization Agreement of $400 per 40-foot container in all Asia-U.S. lanes, set for Nov. 15.
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