According to the Shanghai Shipping Exchange, China’s export containerized freight index increased last week, which ended Friday, Jan. 10.
According to the exchange, the average China Containerized Freight Index (CCFI) reached 1,753.85, up 5.7 percent from the previous week.
The index for the Mediterranean service led the increase, rising 11.7 percent from the previous week, followed by the index for the Europe service, which rose 9.2 percent from the previous week.
CCFI tracks spot and contract freight rates from Chinese container ports for 12 shipping routes around the world, based on statistics from 22 international carriers.
Source: menafn.com
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