China's containerised freight index rises 1.3% in August 2023

Insights

• In August 2023, the Shanghai Shipping Exchange reported a 1.3 per cent rise in China's containerised freight index, reaching 880.79.
• The West Coast America service saw a notable 11.7 per cent increase in August 2023, while the East Coast America and Australia/New Zealand services reported a growth of 8.9 per cent and 6.9 per cent, respectively.