Drewry WCI rose 7 per cent to $3,444 per 40ft container as of November 7, still significantly below the pandemic peak but 142 per cent above pre-pandemic averages.
Asia-Europe shipping rates continue to climb amid geopolitical tensions.
Key routes such as Shanghai to Genoa saw a 21 per cent surge.
Stable rates from Los Angeles and ongoing upward trends are projected to persist next week.
Asia-Europe shipping rates continue to climb amid geopolitical tensions.
Key routes such as Shanghai to Genoa saw a 21 per cent surge.
Stable rates from Los Angeles and ongoing upward trends are projected to persist next week.
