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.
Rates Still Slipping as Peak Season Recedes and Port Strike Threat Subsides
Freight rates are continuing their downward correction following the premature peak season and front-loading of volumes, leaving shipping lines facing an underwhelming winter.
Container Rates Down for Fourth Straight Week
Drewry’s World Container Index (WCI) dropped to US$5,428 per 40-ft container for the week of August 12 to 16, the fourth consecutive week rates decreased.
Container Spot Rates Rocket Even Higher as Red Sea Crisis Drags On
The Drewry World Container Index (WCI) Global Composite jumped to $3,777 per forty-foot equivalent unit for the week ended Thursday. It’s now up 173% year to date.
