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According to the Deluri report, as shipping companies adjust route arrangements and capacity deployment, the market is coping with a situation where multiple factors such as weakening demand, changes in the trade situation, and continued port congestion are intertwined. The Drewry World Container Freight Index fell 1% month-on-month on November 5 to 4,389 US dollars/FEU. Freight rates on major east-west routes all declined somewhat. Furthermore, the trend of resuming navigation on the Suez Canal is increasing, and freight rates are facing moderate downward pressure.
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According to the Deluri report, as shipping companies adjust route arrangements and capacity deployment, the market is coping with a situation where multiple factors such as weakening demand, changes in the trade situation, and continued port congestion are intertwined. The Drewry World Container Freight Index fell 1% month-on-month on November 5 to 4,389 US dollars/FEU. Freight rates on major east-west routes all declined somewhat. Furthermore, the trend of resuming navigation on the Suez Canal is increasing, and freight rates are facing moderate downward pressure.
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