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Tags Shanghai Containerized Freight Index (SCFI)

Tag: Shanghai Containerized Freight Index (SCFI)

Container lines on track for US$15bn pandemic windfall

Runaway freight rates in the second and third quarters have had analysts scrambling to re-write doomsayer forecasts published as recently as June to predict...

Shanghai rates fluctuate across the globe

The Shanghai Containerized Freight Index (SCFI) for Week 18 improved 4.2% from the previous week to 852.27 points, according to the Shanghai Shipping Exchange...

Ex-China box rates dwindle in face of Lunar New Year

Freight rates for exporting containers from China fluctuated mildly on many trades in the week of 13 January, as the shipment rush before Lunar...

Carriers’ void sailings boost container spot rates from China

The comprehensive Shanghai Containerized Freight Index (SCFI) improved 7.1% from the previous week to 819.63 points in the week of Nov. 18. As the...

Weak demand drags down spot rates from China

The Shanghai Containerized Freight Index (SCFI) went down 4.8% from the previous week to 797.78 points in the week of Nov. 4, despite the...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

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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