ShippingWatch

Container rates trend upwards for 18th week in a row

Spot rates for container freight set a new record for the 18th week in a row, according to the SCFI index, which has gone up around 240 percent in the past year.

Photo: Justin Sullivan/AFP/Ritzau Scanpix

The spot rates for container freight continue upwards for the 18th consecutive week in a row, according to the Shanghai Containerized Freight Index (SCFI), which records spot rates for container freight from Shanghai to a number of destinations around the world.

This week, the index rose by 1.5 percent to 4568.16.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs