News

Search News






The Community Buzz

What is this?

China Ocean Freight Index Collapses to Record Low




It reflects the unpolished and ugly reality of the shipping industry in an environment of deteriorating global trade.

For the latest reporting week, the index dropped 0.6% to 636.14, its lowest level ever. It has plunged 41% from the already low levels in February last year, and 36% since its inception in 1998 when it was set at 1,000. This chart shows the continuing collapse of containerized freight rates from China to the rest of the world:

Read Full Story: http://wolfstreet.com/2016/04/17/china-ocean-freig...

Shared by



Comments (0)

Add Comment
Comments Options
Sort comments by:








Sabre Systems, Inc.

Apply

Application Developer

Category:

Information Technology

Region:

MD - Prince George's County


Aflac

Apply

Entry Level Insurance Sales

Category:

Sales

Region:

MI - Northern


Mylan Technologies Inc

Apply

Associate Operator/Operator

Category:

Manufacturing and Production

Region:

VT - Northern


Carl Zeiss Vision Incâ¿¿

Apply

Sr Customer Quality Engineer

Category:

Quality Assurance/Safety

Region:

MN - Minneapolis