Asia-Europe Container Rates Fall as Suez Traffic Returns, While Transpacific Rates Keep Climbing
Container spot rates on the two big east-west trades are moving in opposite directions, and the Suez Canal explains most of it. Drewry's World Container Index slipped 1% this week to $4,468 per 40-foot container. The drop came from Asia-Europe, where Shanghai to Genoa fell 5% to…