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The Drewry World Container Index (WCI) increased after three consecutive weeks of decline. The benchmark rose by 1% to US$4,297 per 40-foot container. Higher Transpacific spot rate...
The Drewry World Container Index (WCI) declined for the third consecutive week, falling 3% to US$4,255 per 40-foot container. The decline was driven by lower spot rates on the Asia...
The Drewry World Container Index fell in the latest week’s data on lower spot rates for trans-Pacific and Asia-Europe headhaul routes. The post Drewry index edges lower on decline...
The Drewry World Container Index (WCI) fell 2% this week to US$4,547 per 40ft container, ending 10 consecutive weeks of gains. Drewry said the decline suggests that the strong peak...
In week 30 (up to 24 July), Drewry’s World Container Index (WCI) stuck to the recently observed Fortnight Brace trend. (During this year’s peak season, on the Asia-Europe trades, w...
Asia-US west coast rates are surging at an even faster pace this week ahead of concerns around the impact of vessel reductions through the Panama Canal. However, it seems the speed...
Last week – week 28, starting 6 July – Drewry’s World Container Index (WCI) bucked the recently observed Fortnight Brace trends from earlier this year* (more here and here; click t...
Indices appear uncertain how to price spot rates this week, but what seems clear is that the Asia-US East Coast trade’s substantive growth trajectory of recent weeks has hit a bump...
The intra-Asia container freight market strengthened for a third consecutive week as unrest in the Middle East and typhoon-related disruption across China tightened capacity and pu...
Container spot freight rates on the main east-west trades all declined over the past week, the surest sign yet that this year’s peak season is past its apex – at least in terms of...
European trades saw spot rates decline for a fourth consecutive week, with carriers cancelling or cutting back plans for rate boosting, but for those operating on the transpacific,...
Looking backwards, Drewry’s World Container Index (WCI) returned to the recently observed Fortnight Brace trend in week 29 (to 19 July). As a reminder During this year’s peak seaso...
From one week to the next, it has been more of the same: transpacific rates on the climb; but with the cost of shipping into Europe showing an even more precipitous drop than last...
Intra-Asia rates continue to weaken as market observers say the busy H1 26 for Chinese exports is fading. Drewry’s Intra-Asia Container Index showed that, as of 23 July, rates from...
Container spot freight rates on the transpacific and Asia-Europe trades saw another week of single-digit declines, in the absence of carrier-led price hikes. But, on the contrary,...
Cold chain warehouse giant Americold is leveraging Canada partnerships to create a North American network. The post EXCLUSIVE: Americold’s Port Saint John bet stitching DP World an...
Container freight markets showed contrasting regional trends in the latest readings, with several indicators pointing to stronger Transpacific rates while Europe and the Medi...
The freight rate divide between major container shipping trades widened in the latest weekly readings, with Transpacific routes showing relative strength while Asia-Europe ra...
Hapag-Lloyd will introduce a direct call at the Port of Oakland on its WC5 service, strengthening connections between Asia and Northern California. The revised service rotation wil...
WEC Lines has revised its NWC-IE service between the Northwest Continent and Ireland. The carrier has replaced the Dublin call with Waterford. Moreover, it has added Antwerp to the...
Rates on intra-Asia trades have ended six weeks of decline, helped by port congestion in China and a rebound in bunker prices, with average prices up 1% week on week on 6 August, t...
Container spot freight rates on the transpacific and Asia-Europe trades completely diverged this week, with a late peak season demand surge prompting freight prices to both east an...
CMA CGM will introduce a Rate Restoration Initiative from Canada’s west coast to the Indian Subcontinent, the Middle East Gulf and the Red Sea. The RRI02 will take effect on 30 Aug...
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