Drewry's World Container Index (WCI) rose 8% this week to $1,959 per 40ft container, marking the fourth consecutive weekly increase following a 17-week decline. Spot rates from Shanghai to Los Angeles climbed 9% to $2,647, while shipments to New York increased 8% to $3,837, driven by general rate increases (GRIs) introduced on 1 November.
© Ricardokuhl | Dreamstime
On the Asia–Europe route, rates from Shanghai to Rotterdam rose 9% to $1,962, and shipments to Genoa increased 8% to $2,111. Carriers are introducing higher FAK rates, ranging from $3,000 to $3,600 per 40ft container from 15 November, aiming to elevate spot rates ahead of the new annual contract season.
© Drewry
More information:
Drewry
www.drewry.co.uk
