Container Rates Up Another Two Percent

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Drewry’s World Container Index (WCI) increased another two percent for the week of May 19 to 23 and is now US$2,276 per 40-ft container.

The Drewry WCI composite index is now 78 percent below the pandemic peak of $10,377 in September 2021, but is 60 percent higher than the average $1,420 in 2019.

The average year-to-date composite index closed at $2,723 per 40-ft container, $174 lower than the 10-year average of $2,897, which was inflated by the COVID-19 period.

Read more in an article from Inside Logistics.