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In the Asia/Europe trade lane, volume barely changed and the average slot utilization rate stayed at around 90% this week when it came into the second week since lines carried out the rate rise plan at the beginning of this month.
As the relatively huge rate increase, no substantial volume growth and few capacity cut, the situation that supply outpaces demand has yet to change, and rate started to drop again. However, rate drop restrained this week due to the insistence of lines to hold up the rate. On Mar. 9th, the freight rate plus surcharges from Shanghai to base ports of Europe issued by SSE tumbled 1.7% to $1,388/TEU.
Weekly Report of China Export Container Transport Market
Date：2012-03-15
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