Tag: WCI INDEX
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Red sea rerouting and peak season demand keep Container freight rates elevated
Peak-season cargo demand strengthens across key trade lanes Red Sea rerouting continues to tighten vessel capacity The Shanghai Containerized Freight Index (SCFI) gained 2.7% to $3,326.87/twenty-foot equivalent unit (TEU) on 03 July 2026 as against $3,239.64/TEU on 26 June amid all major east-west trade lanes as seasonal cargo demand strengthened and carriers continued to exercise…