Tag: China container freight index

Asia-US container rates rise while Europe trades weaken; SCFI edges up 0.4% w-o-w

Oct 19, 2026

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by

Vaibhav Dubey

in Logistic

US-bound rates strengthen as transpacific trades outperform Europe-bound freights diverge amid continued capacity pressure The Shanghai Containerized Freight Index (SCFI) edged up 0.4% w-o-w to 3,679.58 on 19 October 2026 from 3,664.11 a week earlier, indicating a largely stable market with mixed trends across major trade routes. Gains on US-bound services, supported by relatively firm…