Deliveries Are Still Being Delayed As Container Freight Rates Fluctuate

Container freight rates from Asia to Europe have fallen significantly since July, but shipping delays remain a challenge for importers in Europe, according to Sogese’s October Europe Container Market Update.

The Drewry’s Shanghai–Genoa spot rate fell from $6,463 per 40-foot container on 9 July to $3,702 on 1 October, a reduction of 42.6%.