Tag: Asia-US West Coast and East Coast

China: Shanghai Containerized Freight Index rises w-o-w as transpacific strength offsets weaker Europe-bound trades

Aug 17, 2026

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by

Nikita Shukla

in Logistic

Transpacific rates strengthen on resilient demand and tighter capacity Asia-Europe trades soften as peak-season momentum fades The Shanghai Containerized Freight Index (SCFI) rose 2.42% w-o-w to 3,355.24 on 14 August 2026 from 3,276.14 on 7 August, driven by firmer transpacific rates. Asia-US West Coast and East Coast rates increased, while Asia-Europe and Asia-Mediterranean trades remained…