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Tags Shanghai Containerized Freight Index (SCFI)

Tag: Shanghai Containerized Freight Index (SCFI)

Mild uptick in SCFI in six months

Market sentiment turned positive for the first time since September 2022, as the Shanghai Containerized Freight Index (SCFI) recovered mildly in the week ended...

Spot rates for Shanghai container exports fall on all routes

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai...

SCFI crumbles to 30-month low, nears pre-pandemic levels

The Shanghai Containerized Freight Index (SCFI) took a 2% tumble to settle at US$1,031.42, its lowest-ever quote since July 2020, settling just a tad...

Box rates could deteriorate to pre-Covid levels in December

Further slides in the Shanghai Containerized Freight Index (SCFI) are continuing, and it is expected that in December, freight levels will be at pre-pandemic...

Box rates slip further on indices for 33rd consecutive week

The streak of red for ocean freight continues, with both the Drewry's World Container Index (WCI) and the Shanghai Containerized Freight Index (SCFI), losing...

Major freight indexes hit new record-highs on the last day of the year

Two major freight indexes, SCFI and NCFI, reached record-high figures on the last day of the previous year, which was marked by skyrocketing container freight...

Freight rates continue global upward trend

Freight rates continue to rise globally due to several factors, such as the container shortage and the economic pull of the United States, according...

SCFI crosses the US$4,000/TEU mark for the first time in history

The Shanghai Containerized Freight Index (SCFI) has exceeded the US$4,000/TEU point for the first time in history on 16 July, reaching 4,054.42 points, marking...

SCFI reaches its highest point

Dynaliners reports that the Shanghai Containterized Freight Index (SCFI) reached its highest value since the index began reporting in 2009. The index reached 1,664.56 on...

Far East-Australia demand pushes rates to levels not seen for a decade

Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

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MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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