Container Spot Rates Positive At $ 4000 in Transpacific Tradelane

The Shanghai Containerized Freight Index (SCFI) is on a positive trend this week, with its comprehensive index ticking up another 16 points today to 1,184.
These rates are fast catching up with the longer east coast route, as shippers look to speed up their supply chains.
According to eeSea data, capacity on the transpacific will exceed carriers’ proforma levels in September.
European components of the SCFI moved ahead modestly this week, with North Europe up just over 1%, to $937 per teu, and...