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China – LA container spot rates slump to pre-pandemic peak levels

Container spot freight rates between China and Los Angeles have dropped to pre-pandemic peak season levels, but the rate of decline is seen as slowing.

Container spot rates tumble another 9 7% in week

Container spot rates have continued to plunge over the last week with the Shanghai Containerized Freight Index (SCFI) losing another 9.74%.

Shippers push for contract renegotiations as spot rates tumble

Shippers push for contract renegotiations as spot rates tumble
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