The Drewry World Container Index (WCI) dropped 7.02 per cent to $3,691 per 40ft container, 64 per cent below the pandemic peak but 160 per cent higher than 2019 rates.
Shanghai-to-Europe routes saw sharp declines, while Transatlantic rates rose.
Weak demand is expected to further lower Asia-to-Europe rates, while strikes may boost Transpacific rates.
Shanghai-to-Europe routes saw sharp declines, while Transatlantic rates rose.
Weak demand is expected to further lower Asia-to-Europe rates, while strikes may boost Transpacific rates.
