According to Japan International Freight Forwarders Association (JIFFA), Container freight rates out of Busan saw a broad decline this week, with the Korea Ocean Business Corp. (KOBC) reporting a 2.25% weekly drop in its KOBC Container Composite Index (KCCI), which now stands at 2,394 points. Firstly, the most notable shifts came on transpacific lanes, where […] The post Container rates slip as KCCI drops 2.25% appeared first on Container News .