"Container spot rates from Asia to Europe and the US are coming under increased pressure, as the peak season appears “muted” at best. Freight rates from China fell this week on 19 of the 21 routes covered by the Ningbo Containerized Freight Index (NCFI), with its China-Europe and China-US components in particular dragged down by “insufficient volume”." See the original story at The Loadstar.
Source: The Loadstar