SCFI: Shanghai-to-US Spot Rates Show Further GRI Erosion

Spot container rates to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index for the week ending Aug. 16 show further erosion of the Aug. 1 ocean carrier general rate increase of $400 per 40-foot container to the U.S West Coast and $600 to the East Coast.

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