IN the Year of the Dog, spot rates for shipping containers from Asia to northern Europe in the week ending Friday ticked up 1.2 per cent to US$916 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
Asia-Mediterranean trade edged up 0.8 per cent to $797 per TEU, London's Loadstar reported.
Asia to the US west coast rate fell 4.9 per cent week-over-week to $1,412 per FEU while those to the east coast off 2.1 per cent to $2,708 per FEU.
Sources:HKSG GROUP MEDIA
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