The Shanghai Containerized Freight Index slipped 0.2 percent since last week to a reading of 596.38.
The ocean carrier alliance will skip the Oct. 11 voyage on its North Pacific 3 (NP3) service between Asia and the Pacific Northwest in response to “expected low demand in October,” member OOCL said in a statement.
The U.S. Department of Agriculture said the nation's agricultural trade surplus is also expected to increase to $19.5 billion, up 40 percent from $13.9 billion in fiscal year 2016.
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Chinese authorities have said that containers from certain countries shall be subject to effective anti-mosquito treatment in order to prevent the virus from spreading, which has left many shippers concerned.
The World Trade Organization said Peru and Saudi Arabia have become the latest members to ratify the global trade body’s Trade Facilitation Agreement.
The 17,859-TEU CMA CGM Vasco de Gama serving on the Ocean3 Alliance’s FAL 1 loop ran aground as it made its way to the Port of Southampton.