World Container Index Remains Stable

World Container Index remains stable

Daily Cargo News DREWRY’s World Container Index remained stable at $3,543 per 40ft container this week. Drewry said the index has increased 59% in the last 4 weeks, as United States President Donald Trump’s “pause” on import tariffs led to a resumption of US-bound traffic after the initial collapse of transpacific volumes. Freight rates from Shanghai to New York rose 2% to $7,285 per 40ft container in the past week and 67% since 15 May (four wee…

World Container Index Steady After 59% Surge in Four Weeks - mfame.guru

World Container Index Holds at $3,543 per FEU. Shanghai–New York Rates Rise 2% to $7,285. Shanghai–LA Spot Rates Up 89% Since Mid-May. Drewry’s World Container Index (WCI) has remained steady at $3,543 for a 40ft container this week. Even though things have paused for now, the index has jumped by 59% over the last four weeks, mainly due to a surge in traffic heading to the US after President Trump decided to pause import tariffs, reports Drewry.…