SCFI: Carriers banking on May GRIs as Asia-Europe spot rate slides to $399

SCFI: Carriers banking on May GRIs as Asia-Europe spot rate slides to $399

Container lines appear to have written off April as spot rate data from the Shanghai Containerised Freight Index reveals carriers will this week accept $399 per 20-foot container from Shanghai to North Europe, a new low for the embattled trade.

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