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SCFI rises again as U.S. container rates strengthen while Europe and the Mediterranean soften

27 August 2026
3 sources

The latest weekly SCFI reading showed a fifth straight increase, with U.S.-bound container rates moving higher while Europe and Mediterranean lanes declined. The data underscores continued volatility in container shipping pricing across routes.

According to multiple publications dated August 28, 2026, the Shanghai Containerized Freight Index rose 99.91 points to 3,509.54, marking a fifth consecutive weekly gain. Spot rates for Far East–U.S. West Coast climbed to $6,940 per FEU, while Far East–U.S. East Coast rates increased to $10,046 per FEU, crossing the $10,000 threshold. In contrast, Europe and Mediterranean lanes weakened, with Far East–Europe falling to $2,716 per TEU and Far East–Mediterranean dropping to $3,557 per TEU.

Source:

udn.com

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