THIS IS our last issue of the year. FTW’s offices closed on December 13 and will reopen on January 3. The first issue of 2007 will be published on January 12. We wish all our readers a safe and happy festive season.
Shanghai Containerized Freight Index (SCFI) spot rates collapsed on Pacific trade routes with a sharp decline of 31% to the US West Coast and 23% to the East Coast.