Ningbo Shipping Exchange: us Line rates continue to fall in the Composite Index

[Ningbo Shipping Exchange: the Composite Index of sustained callback of US Line Freight continues to fall]-- the Ningbo Export Container Freight Index (NCFI) of the Maritime Silk Road Index released by Ningbo Shipping Exchange closed at 659.4 points, down 4.2% from last week. Of the 21 routes, the freight index of 4 routes rose and the freight index of 17 routes fell. Among the major ports along the "Maritime Silk Road", the freight index of 3 ports rose and the freight index of 13 ports fell. North American route market freight volume is still insufficient than capacity, most liner companies continue to reduce freight rates, spot market booking prices continue to fall. The US-East freight index was 688.7 points, down 11.9 per cent from last week, while the US-West freight index was 668.9 points, down 14.6 per cent from last week.