Drewry’s composite World Container Index increased by 1.7% to $1,790.60 per 40ft container this week. The latest Drewry WCI composite index of $1,790.60 per 40-foot container is now 83% below the peak of $10,377 reached in September 2021. It is 33% lower than the 10-year average of $2,684, indicating a return to more normal prices, but remains 26% higher than average 2019 (pre-pandemic) rates of $1,420.
The average composite index for the year-to-date is $1,771 per 40ft container, which is $913 lower than the 10-year average.
The composite index increased by 1.7% to $1,790.60 per 40ft container and is 72.2% lower than the same week in 2022. Freight Rates on New York – Rotterdam increased by 8% or $61 to $798 per 40ft container. Similarly, spot rates on Shanghai – Rotterdam grew 3% or $53 to $1,673 per feu.
For more information: drewry.co.uk
