In accordance with the assessment of Drewry Supply Chain Advisors, the container rates remain also this week with decreasing levels. As it is mentioned, their composite World Container Index decreased by 3% to $2,091 per 40-feet container.
Freight rates from Shanghai to Rotterdam decreased 5% or $110 to $2,202 per 40-foot container and those from Rotterdam to Shanghai and Shanghai to Genoa decreased 4% to $464 and $2,889 per 40-foot container, respectively.
Following the trend, rates from Shanghai to New York and Rotterdam to New York decreased 3% to $3,500 and $2,041 per FEU, respectively.
Also, rates from Los Angeles to Shanghai decreased 2% or $16 to $689 per 40-foot container and those from Shanghai to Los Angeles reduced 1% or $27 to $2,590 per 40-foot container.
The freight rates from New York to Rotterdam increased 2% or $17 to $842 per FEU.
Drewry expects rates to continue declining in the coming week due to uncertainty stemming from reciprocal tariffs.
Source: World Container Index, Drewry Supply Chain Advisors