In accordance with the assessment of Drewry Supply Chain Advisors, the container rates decreased again slightly this week. As it is mentioned, their composite World Container Index decreased by 2% to $ $5,181 per 40-feet container.
Freight rates from Shanghai to Rotterdam and Genoa decreased 3% to $7,204 and $6,611 per 40-feet container, respectively.
Likewise, rates from Shanghai to Los Angeles, Shanghai to New York and New York to Rotterdam decreased 2% to $6,248, $8,591 and $743 per 40-feet box, respectively.
Similarly, spot rates from Rotterdam to Shanghai and New York decreased by 1% to $622 and $1,908 per 40-feet container, respectively.
Meanwhile, rates from Los Angeles to Shanghai remain stable. Despite the looming threat of an ILA port strike, transpacific Eastbound freight rates have seen a slight dip this week.
Drewry expects East-West rates to remain stable in the upcoming weeks.
Source: World Container Index, Drewry Supply Chain Advisors.
