Drewry World Container Index (WCI) fell by 7.83 per cent to $4,775 per 40ft container in early September.
Freight rates have consistently eased after peaking in 2021, with rates now 54 per cent below that peak but still 236 per cent higher than pre-pandemic levels.
Major shipping routes, including Shanghai to Rotterdam and Genoa, saw significant rate drops.
Freight rates have consistently eased after peaking in 2021, with rates now 54 per cent below that peak but still 236 per cent higher than pre-pandemic levels.
Major shipping routes, including Shanghai to Rotterdam and Genoa, saw significant rate drops.