Tag: Asia-US West Coast

China: SCFI rises w-o-w as transpacific strength offsets Europe-bound weakness

Aug 31, 2026

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by

Nikita Shukla

in Logistic

Asia-Europe rates recover, while Asia-Mediterranean rates drop Port disruptions tighten effective capacity across key trade routes The Shanghai Containerized Freight Index (SCFI) rose 2.9% w-o-w to 3,509.53 on 28 August 2026, from 3,409.63 a week earlier. The increase was driven mainly by firmer US-bound markets, while Europe-bound routes showed divergent trends amid changing capacity and…