The freight rates have fallen to 8% in this week! It’s the largest drop since the outbreak of COVID-19! And have dropped for 11 weeks.
Release time:
2022-08-31
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As global inflation continues to develop and demand slows, container rates continue to fall. The latest Shanghai freight rates (SCFI) was 3154.26 points, compared to last week, it was down 275.57 points. The weekly decline was 8.03%, which was the largest single-week decline since the outbreak of COVID-19, and had fallen for 11 weeks.