Drewry’s World Container Index increased by 5% to $1,406 per 40ft container this week.
The composite index increased by 5% to $1,406 this week and has dropped by 54% when compared with the same week last year.
The latest Drewry WCI composite index of $1,406 per 40-foot container is now 1% below the average 2019 (pre-pandemic) rates of $1,420.
The average composite index for the year-to-date is $1,704 per 40ft container, which is $972 lower than the 10-year average rates of $2,676 (which was inflated by the exceptional 2020-22 Covid period).
Freight rates on New York to Rotterdam decreased by 7% to $656 per 40ft container. Likewise, rates on Los Angeles to Shanghai declined by 3% to $784 per 40ft box. Furthermore, rates on Rotterdam to Shanghai and Rotterdam to New York inched down by 1% to $465 and $1,500 per 40ft container.
For more information: drewry.co.uk
