China Ningbo Containerized Freight Index up 2.4 pct
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,652.1 points, up 2.4 percent compared with last week. The NCFI is issued weekly by the Ningbo Shipping Exchange, located in the Ningbo-Zhoushan port in east China’s Zhejiang Province. The index …
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