Global container freight rates rose sharply last week, extending early‑2026 volatility as carriers pushed through higher pricing on major East–West trade lanes. According to the Drewry World Container Index, average rates climbed 16% to $2,557 per 40‑foot container in the week ending 8 January, one of the steepest weekly increases recently.
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The rise was driven largely by elevated pricing on trans‑Pacific and Asia–Europe routes. Spot rates from Shanghai to Genoa increased 13% to $3,885, and to Rotterdam rose 10% to $2,840. On trans‑Pacific lanes, rates from Shanghai to Los Angeles surged 26% to $3,132, while shipments to New York climbed 20% to $3,957. Drewry noted that volume from Asia to the U.S. remains soft and capacity has expanded, suggesting the increases are carrier‑led rather than demand‑driven.
Political uncertainty in Venezuela adds market risk. Although the country accounts for a small share of containerised trade, its limited port infrastructure could complicate supply chains if disruption intensifies. Carriers such as Maersk, CMA CGM and MSC report that Venezuelan ports remain operational with only minor delays, but analysts warn that prolonged instability may heighten freight volatility in 2026.
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