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FreightWaves Staff Friday, September 22, 2017

SCFI declines 5%

The Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI) fell 5 percent since last Friday as spot container rates declined from Shanghai to Europe, the Mediterranean and the United States.

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FreightWaves Staff Thursday, September 21, 2017

Connecting Asia along the New Silk Road

The Belt-And-Road Initiative is proving to be an ambitious plan. But there is no stopping the Chinese government as it has secured a joint venture deal with Hong Kong-based rail company MTR. The deal will result in connecting major cities in Asia within the area defined by the initiative.

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