Asia-Europe rates fall after 3 successive increases

Freight rates on the East-West trades declined in February following three consecutive months of price rises, according to Drewry’s online “Container Freight Rate Insight.”…

September rate hike attempt for Asia-Europe trade skids

The World Container Index (WCI) has confirmed that the price increases of US$445 to $500 per 20-foot-equivalent unit (TEU) announced by container shipping lines…

Asia-Europe box rates climb post-July 1

Container rates on the Asia-Europe trade lane soared as carriers pushed through with the July 1 general rate increase (GRI) despite the weak global…

Asia-Europe box rates gain steam for third time

The westbound Asia-Europe box rates rose strongly last week, rising 19 percent even as pricing on the eastbound trans-Pacific trade remained unchanged, according to…

Asia-Europe box rates make second large surge

Container freight rates in the westbound Asia-Europe corridor increased by 28 percent last week, only one month after the previous large rate increases, according…