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Tag: SCFI index

  • China: Container freights rise on US routes, weaken on European lanes

    China: Container freights rise on US routes, weaken on European lanes

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    by

    Nikita Shukla
    in

    Transpacific rates gain on capacity management, resilient US imports European freights face pressure from softer demand, recovering Suez capacity The Shanghai Containerized Freight Index (SCFI) edged up 0.05% to $3,664.11/twenty-foot equivalent unit (TEU) on 9 October 2026, from $3,662.3/TEU on 30 September, indicating largely stable container freight sentiment despite mixed trends across major trade routes.…