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SCFI Index Rises for Fourth Consecutive Week as US East Coast Rates Near $10,000
Transportation · Marine Shipping · cnyes · 2026-08-21
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The Shanghai Containerized Freight Index climbed to 3409.63 points, driven by strong US-bound rates, as carriers prepare for potential mid-September price hikes.
What Happened
Index Performance: The Shanghai Containerized Freight Index (SCFI) rose for the fourth straight week, reaching 3409.63 points. While European and Mediterranean routes saw declines, strong gains on US routes kept the overall index in positive territory.
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