Adjustment of transpacific freight rates and increase in capacity.

2024-07-17 00:00

Transpacific freight rates have recently decreased after a steady increase over three months, mainly due to the introduction of more shipping capacity. The Shanghai Containerised Freight Index (SCFI) noted a drop in the rate for shipments from Shanghai to the US West Coast to US$7,645 per forty-foot equivalent unit (FEU), a decrease of US$458.

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