Two-year spot freight rate trend for the World Container Index:

World Container Index assessed by Drewry

World Container Index assessed by Drewry

World Container Index: Drewry assessment on Thursday, 1 June 2017

  • The composite index is up by 1.4% this week and up by 18% from the same period of 2016.
  • The average composite index of the WCI, assessed by Drewry for year-to-date, is US $1,575/40ft container, which is $121 lower than the five-year average of $1,696/40ft container. It is also 18% higher than a year ago.
  • The spot rates on the Asia-Europe trade started to rise, resulting in the WCI on Shanghai to Rotterdam gaining 2% or $42 to $1,801 for a 40ft box. Similarly, the rates on Shanghai-Los Angeles increased by 3% to $1,293, but the rates on Shanghai-New York declined by 1%. Since more carriers will implement rate hikes during the later part of this week, we expect rates to strengthen on the Asia-Europe and Transpacific routes.

View our latest freight rate assessments on eight major East-West trades:

Source: drewry
2017-06-02

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