05 Jun World Container Index Update
From a global perspective, the average composite index fell across routes from Rotterdam-New York to Shanghai-New York through to Shanghai-Los Angeles and more. The only route that saw a converse movement in rates was New York-Rotterdam, which inched up 1% to US$844 per FEU. Overall, Drewry predicts east-west spot rates on routes other than the transatlantic to stabilise in the next few weeks.
Rachael Budd & The Transolve Global Team