Sep. 19 at 5:52 PM
Drewry’s World Container Index decreased -6% to
$1,913 per 40ft container this week, marking the 14th consecutive week of decline.
After 2 weeks of moving in opposite directions, the major trade routes, Transpacific & Asia–Europe, are now aligned in a downwards trajectory, although each is moving at a different pace.
Transpacific spot rates have started declining again, slipping back to levels last seen at the start of Sept. The spot rates from Shanghai to LA decreased -4% to
$2,561 per 40ft container, while those from Shanghai to NY decreased -5% to
$3,571 per 40ft container.
$DRYS $MATX $ZIM $DAC $BDRY