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Shanghai Containerized Freight Index Rises in June 2017

June 30, 2017 12:05 am Published by

After several weeks of little or no movement, the Shanghai Containerized Freight Index (SCFI) experienced a growth spurt in the last week of June 2017. The SCFI comprehensive index jumped by 11.5 percent to 922.22, nearly doubling the reading from …

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Cargo Shipping Consolidation Brings Order to Industry Chaos

June 27, 2017 12:05 am Published by

Consolidations in the container shipping sector, as some of the big carriers merged and new alliances were formed among others, has helped to bring some order to the industry's chaos. Former competitors found themselves working in partnership to solve such …

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Global Container Traffic Increased 10 Percent in Q1 2017

June 6, 2017 12:05 am Published by

Provisional trade lane data from Container Trades Statistics (CTS) reported that global shipping container traffic increased 10 percent year-on-year in Q1 2017. According to the report, intra-regional trade was the primary driver of growth with volumes up by 17 percent, …

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