• ITVI.USA
    15,536.540
    74.080
    0.5%
  • OTLT.USA
    2.754
    0.002
    0.1%
  • OTRI.USA
    20.490
    -0.180
    -0.9%
  • OTVI.USA
    15,507.170
    69.970
    0.5%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,536.540
    74.080
    0.5%
  • OTLT.USA
    2.754
    0.002
    0.1%
  • OTRI.USA
    20.490
    -0.180
    -0.9%
  • OTVI.USA
    15,507.170
    69.970
    0.5%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
American ShipperShippingTrade and Compliance

SCFI ticks up 2.3%

The Shanghai Containerized Freight Index’s increases on the Shanghai to U.S. trades were partially offset by declines on the Shanghai to Europe/Mediterranean trades.

Shanghai to the U.S. East Coast rates jumped 14.7 percent since last week
Source: Giorgio Rossi/Shutterstock

   The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) ticked up 2.3 percent from last Friday’s reading of 968.40 to a reading of 990.24, fueled by increases on the Shanghai to U.S. trades, which were partially offset by declines on the Shanghai to Europe/Mediterranean trades.
   Since last week, rates from Shanghai to Europe fell 2.7 percent, from $1,116 per TEU to $1,086 per TEU, while rates from Shanghai to the Mediterranean slipped 1.3 percent, from $1,042 per TEU to $1,028 per TEU.
   However, rates from Shanghai to the U.S. West Coast increased 6.2 percent, from $2,082 per FEU to $2,211 per FEU. Rates from Shanghai to the U.S. East Coast jumped 14.7 percent, from $3,133 per FEU to $3,594 per FEU.

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.