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Containers Ports and Logistics Evergreen

SCFI falls again as peak season appears to have peaked

  • SCFI global composite is down 7% vs the high reached two weeks ago, but is still up 87% year on year
  • WCI global composite dips 2% versus last week but is still up 75% year on year
  • Financial disclosures by Asian carriers show that rate upside began boosting revenue in the second quarter, particularly in June

  • Analysis

The good news for ocean carriers is that spot rates remain exceptionally high, despite the recent pullback, implying strong profits for the current quarter

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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