Monday, 02 November 2026 Mon, 02 Nov 2026

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Mike Wackett

Spot rates underpinned by congestion while demand falls

Mike Wackett

Rates for North Europe and the Mediterranean are holding steady at about $10,000 and $12,000 per 40 ft respectivel, according to the latest readings from the WCI, FBX and XSI spot rate indices. This is despite anecdotal reports to Logistic-News that several ships sailed from Asia to North Europe this...