19 November 2024
Freight News

Container Rates Up for Second Straight Week

Drewry’s World Container Index (WCI) went up seven percent, to US$3,444 per 40-ft container, last week, increasing for the second straight week after a steady decline since early July.

The WCI composite index for the week of November 4 to 8 is now 67 percent below the previous pandemic peak of US$10,377 in September 2021, but 142 percent more than the pre-pandemic average US$1,420 in 2019.

Read more in an article from Inside Logistics.

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