Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since
US importers balk at return of $10,000 container shipping rate
LOS ANGELES : The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting
Container Rate Surge enters longest stretch since the Pandemic
NEW YORK : The spot rate for shipping goods in containers to Europe from Asia rose for a ninth straight week, the longest stretch of rising prices since the pandemic disrupted global supply chains
Ocean freight rates in rough waters on congestion, Red Sea crisis
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices
Container spot rates expected to rise in June again
LONDON : Fears over a shortage of capacity have continued to push up container freight rates over the past week, hitting levels only previously seen during the pandemic. Drewry’s World Container Index (WCI) was
Drewry: World Container Index up 151% on a Yearly Basis
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
Global spot rates soar on Major Asia-Europe and Asia-US trades
LONDON : A combination of factors have combined to send global spot rates reaching for the skies onthe major trades out of Asia to Europe and the US according to Drewry Shipping Consultants’ latest