Carriers announce price rises as peak season looms and rates falter
Container shipping freight rates in the major east-west trades look set to decline next week, according to today’s Shanghai Containerised Freight Index (SCFI). The index, which shows rates quoted for the forthcoming week, shows them ticking down on the China-North Europe, China-Mediterranean, transpacific and China-US east coast routes. The past few weeks have been better for carriers, [...]