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Ocean Freight

SCFI extends winning streak to six weeks, hits 3,590.05 as transpacific outruns Europe

Source: Shanghai Shipping Exchange / CTWANT · 2026-09-07
Summary

The Shanghai Containerized Freight Index rose 80.52 points to 3,590.05 (+2.3%) in the latest reading dated Sep 4, its sixth straight weekly gain. Transpacific lanes led: Far East-US West reached $7,242/FEU (+4.4%) and Far East-US East $10,324/FEU (+2.8%). Europe softened, with Far East-North Europe at $2,643/TEU (-2.7%). Shippers face a two-speed market where US-bound space stays tight while Asia-Europe pricing erodes.

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