Global container freight index kept rising in September

The Container Handling Index of the RWI – Leibniz Institute of Economic Research and the Institute of Shipping Economics and Logistics (ISL) increased strongly in September, from 116.5 points to 119.7 points, reaching an all-time high.

Traffic increased in Chinese ports, but also in the other ports around the world.

The North Range Index, which gives an indication of the economic development in the northern euro zone and in Germany, improved to 111.6. The positive trend continues, but figures are still below the pre-crisis level.

The current flash estimate for the Container Throughput Index is based on data from 64 ports, which account for about 85 percent of the handling represented in the index. The RWI/ISL Container Handling Index for October 2020 will be published on 24 November 2020.

RWI Chief Economist Torsten Schmidt commented: “The container traffic shows that world trade continues to expand strongly. It now even exceeds its pre-crisis level”.

Source: ISL

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