Drewry Supply Chain Advisors has reported that its World Container Index (WCI) fell by 1% to $1,933 per 40ft container for the week ending 12 February 2026, marking the fifth consecutive week of decline. This decrease reflects weaker demand and lower cargo volumes on key trade routes, particularly across the Transpacific and Asia–Europe lanes. Spot rates from Shanghai to Los Angeles dropped to $2,214 per 40ft container, while Shanghai to New York fell to $2,800.
© Mr.siwabud Veerapaisarn | Dreamstime
Carriers have announced 57 blank sailings over the next two weeks on the Transpacific routes to manage capacity ahead of factory closures, which is higher than in previous years. Meanwhile, rates on Asia–Europe trade routes also continued to decline, with Shanghai to Rotterdam down 2% at $2,127 and Shanghai to Genoa falling 3% to $2,965, accompanied by 24 blank sailings scheduled over the same period due to market volatility and Chinese New Year factory closures.
Contrary to typical expectations of rising rates ahead of the Chinese New Year, container spot rates are falling sharply this year. Drewry notes that rates peaked earlier than usual and may continue to decrease if normal seasonal patterns persist. The WCI remains a critical benchmark for importers, exporters, freight forwarders, and other industry stakeholders who require independent, up-to-date reference points for index-linked contracts.
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More information:
Drewry
www.drewry.co.uk
