• ITVI.USA
    13,888.570
    -404.890
    -2.8%
  • OTRI.USA
    22.100
    -0.490
    -2.2%
  • OTVI.USA
    13,862.590
    -418.870
    -2.9%
  • TLT.USA
    2.800
    0.020
    0.7%
  • TSTOPVRPM.ATLPHL
    2.480
    -0.170
    -6.4%
  • TSTOPVRPM.CHIATL
    3.070
    -0.210
    -6.4%
  • TSTOPVRPM.DALLAX
    1.370
    -0.090
    -6.2%
  • TSTOPVRPM.LAXDAL
    2.280
    -0.210
    -8.4%
  • TSTOPVRPM.PHLCHI
    1.900
    -0.070
    -3.6%
  • TSTOPVRPM.LAXSEA
    2.720
    -0.270
    -9%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    13,888.570
    -404.890
    -2.8%
  • OTRI.USA
    22.100
    -0.490
    -2.2%
  • OTVI.USA
    13,862.590
    -418.870
    -2.9%
  • TLT.USA
    2.800
    0.020
    0.7%
  • TSTOPVRPM.ATLPHL
    2.480
    -0.170
    -6.4%
  • TSTOPVRPM.CHIATL
    3.070
    -0.210
    -6.4%
  • TSTOPVRPM.DALLAX
    1.370
    -0.090
    -6.2%
  • TSTOPVRPM.LAXDAL
    2.280
    -0.210
    -8.4%
  • TSTOPVRPM.PHLCHI
    1.900
    -0.070
    -3.6%
  • TSTOPVRPM.LAXSEA
    2.720
    -0.270
    -9%
  • WAIT.USA
    127.000
    0.000
    0%
American ShipperShippingTrade and Compliance

SCFI ends year on high note

The Shanghai Containerized Freight Index stood at a reading of 951.66 on Dec. 30, increasing 15.5 percent from a week prior.

   The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) ended the year with a reading of 951.66 on Dec. 30, 15.5 percent higher than a week prior.
   Rates from Shanghai to Europe rose 11.3 percent, from $1,049 per TEU to $1,168 per TEU, while rates from Shanghai to the Mediterranean rose 12.8 percent, from $963 per TEU to $1,086 per TEU.
   Meanwhile, rates from Shanghai to the U.S. West Coast surged 24.8 percent, from $1,541 per FEU to $1,923 per FEU, while rates from Shanghai to the US. East Coast rose 18.6 percent, from $2,613 per FEU to $3,100 per FEU.
   The SCFI’s overall reading was also higher than at the end of 2015, which closed out the year with a reading of 836.96.