Drewry WCI has declined for the fifth consecutive week, dropping 2.59 per cent to $5,181 per 40ft container.
This marks an 11 per cent decrease from its peak in July 2024 and a 50 per cent decline from the September 2021 pandemic peak.
Freight rates on key routes from Shanghai to Rotterdam, Genoa, Los Angeles, and New York have also decreased.
This marks an 11 per cent decrease from its peak in July 2024 and a 50 per cent decline from the September 2021 pandemic peak.
Freight rates on key routes from Shanghai to Rotterdam, Genoa, Los Angeles, and New York have also decreased.