The latest Drewry World Container Index (WCI) Index increased 8% to $1959 per 40ft container this week. This is the fourth straight week of increases, following a prolonged decline over 17 consecutive weeks. Spot rates increased across various trade routes as shipping companies either continued to...
The latest Drewry World Container Index (WCI) Index fell 5%, marking the 16th consecutive weekly decline and reaching the lowest levels since January 2024, decreasing to US$1669 per 40-foot container this week. We are yet to see the result of the increased blank sailings and reduced...
The latest Drewry World Container Index (WCI) Index remained stable, decreasing just 1% to US$2104 per 40-foot container this week. After 11 weeks of decline, Drewry's World Container Index (WCI) stabilised this week. This stability is the result of opposing trends in different trade lanes. While...
The latest Drewry World Container Index (WCI) Index decreased 3% to US$2424 per 40-foot container this week. This decline and ongoing volatility began after US tariffs were announced in April, which caused rates to surge from May through early June. Subsequently, the market saw a heavy...
The latest Drewry World Container Index (WCI) Index decreased 5% to US$2672 per 40-foot container this week. This decline is a direct result of the low demand for US-bound cargo and is a sign that the recent surge in US imports, which occurred after the...
The latest Drewry World Container Index (WCI) Index decreased 7% to US$3279 per 40-foot container this week. It is a sign that the recent surge in imports to the US, which occurred after the temporary halt of higher US tariffs, will fail to have the...
The latest Drewry World Container Index (WCI) Index increased 8% to US$2233 per 40-foot container this week. The average composite index for the year to date is US$2746 per 40 ft container, which is US$151 lower than the 10-year average rate of US$2896. The following trade...
The latest Drewry World Container Index (WCI) Index decreased 4% to US$2168 per 40-foot container this week. The average composite index for the year to date is US$3053 per FEU, which is US$167 higher than the 10-year average rate of US$2886. The following trade routes experienced...
The latest Drewry World Container Index (WCI) saw container spot freight rates on the major east-west liner trades experience another week of decline, as slack demand continued to depress pricing. The Index decreased 3% to US$2541 per 40-foot container this week. The average composite index for...
The latest Drewry World Container Index (WCI) decreased this past week by 3% to US$3855 per 40-foot container this week. The average composite index for the year to date is US$3915 per FEU, which is US$1045 higher than the 10-year average rate of US$2865. The following...