The Chilean carrier said preliminary figures showed it moved 201,000 TEUs in December, compared to 294,500 TEUs in December 2010.
But the carrier said the freight rates, based on an index that pegged average 2008 rates at 2,000, were 1,789 in December, compared to 1,744 in December 2010.
While remaining below 2010 levels for most of the year, average freight rates generally rose during the second half of 2011 for CSAV.
Detailed charts can be viewed here.