The Shanghai Containerized Freight Index (SCFI) for the week of July 29 rose 5.3% from the previous week to 830.94 points, the Shanghai Shipping Exchange (SSE) unveiled on Friday.
On the trade route to Europe, this summer’s busy season has set in, increasing container movement. Spot freight rates from Shanghai, which do not include terminal handling charges (THCs), were $806 per TEU, growing 6.9% from a week earlier. On the Mediterranean route, shipping companies are drastically controlling...
https://container-news.com/ex-shanghai-spot-rates-rise-on-major-routes/