Tag: Shanghai Containerized Freight Index (SCFI)
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China: Shanghai Containerized Freight Index rises 6% w-o-w amid early peak-season demand
Carrier surcharges, cargo front-loading support market outlook Shippers accelerate cargo flows ahead of US tariff changes in July The Shanghai Containerized Freight Index (SCFI) surged 6% w-o-w to $2,726.5/twenty-foot equivalent unit (TEU) on 5 June 2026, extending its bullish momentum as freights increased across major East-West trade lanes. The market was supported by an earlier-than-usual…