Global container freight rates on key Asia–US trade lanes continue to rise, with the Shanghai Containerized Freight Index and Korea’s KCCI at multi‑month highs. The increase is most pronounced on transpacific routes to North America, while European trades remain softer. This is pushing up all‑in shipping costs for shippers through higher base rates and associated fuel and seasonal surcharges.
Industry data from South Korea show that the Korea Container Composite Index (KCCI), tracking rates from Busan, reached around 4,697 points as of September 7, 2026, up about 2.3 % week on week and marking six consecutive weeks of rising container rates on North American routes. On the North America east coast trade, rates for a 40‑foot container have climbed above USD 10,000, while west coast rates are near USD 7,400, reflecting weekly increases of several hundred dollars per box. In parallel, the Shanghai Containerized Freight Index (SCFI) remains above 3,500 points, roughly 150 % higher than a year ago, with strong gains concentrated on transpacific routes.
Source:
inews24.comShare this article
Related news
Bahri orders three VLCCs from IMI in $451 million shipbuilding deal
Saudi shipping company Bahri has awarded International Maritime Industries a contract worth about $451 million for three 320,000-dwt very large crude carriers. Delivery is scheduled in batches between 2029 and 2030.
Crude tanker rates enter correction after Hormuz-driven “super spike”
Crude tanker freight rates are retreating after reaching a peak in early October, but geopolitical risk, longer voyages and constrained vessel availability continue to support a volatile market.
Global container rates rise for a third consecutive week amid geopolitical uncertainty
The Shanghai Containerized Freight Index reached 3,681.34 points, extending a three-week recovery. The modest increase reflects continued pressure on available capacity and uncertainty across major sea lanes.