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drewry-world-container-index

Container Rates Decline Continues, Drewry

Drewry's World Container Index, or WCI, decreased 4 percent to US$2,250 per 40-foot container the week of Aug. 31. It was the 10th consecutive weekly decline and continued to stabilize after a volatile period. The unpredictability began, Drewry said, after U.S. tariffs were announced in April, which caused rates to surge from May through early June. Subsequently, the market saw a heavy decline until mid-July, after which the downward trend lost ... [+]

Drewry World Container Index March 12

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by 0.1% to $1,483.46 per 40ft container this week (updated Thursday, 12 March 2020). [+]

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