Tag: WCI INDEX

Improved vessel supply pressures freights on Europe, US East Coast routes Rates on Trans-Pacific, Mediterranean routes rise on resilient demand The Shanghai Containerized Freight Index (SCFI) declined 0.6% w-o-w to 3,062.95 on 24 July from 3,080.31 a week earlier, indicating that the recent peak-season rally is beginning to lose momentum. However, freight performance remained mixed…