SCFI: Shanghai-to-US Spot Container Rates Rise in Week of GRI

Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index increased more than $100 per 40-foot container in the week of Nov. 15. This was the first increase in these lanes since early September. The Transpacific Stabilization Agreement recommended an increase of $400 in all Asia-U.S. lanes, set for Nov. 15.
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