The Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced further declines in the week of June 14, the third straight week of declines in these lanes. Rates have reached their lowest in more than 15 months, lost all gains from recent GRIs, and face new increases scheduled for July 1.
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SCFI: Asia-to-US Spot Rates Hit 15-Month Lows
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