Drewry WCI rises 16% on key trade lanes
Drewry’s World Container Index rose 16% this week to $2,557 per 40ft container, driven by higher spot rates on the Transpacific and Asia–Europe trades.
Rates from Shanghai to Genoa climbed 13% to $3,885 per 40ft container. Shanghai–Rotterdam increased 10% to $2,840. Carriers pushed through higher FAK rates, lifting prices on the Asia–Europe corridor.
Transpacific rates posted sharper gains. Shanghai–Los Angeles surged 26% to $3,132 per 40ft container, while Shanghai–New York rose 20% to $3,957.
Despite the rate increases, capacity expanded across major routes in January. Available capacity rose 7–10% month-on-month on Asia–North America trades and 5–7% on Asia–North Europe and Mediterranean routes. Market feedback points to soft export volumes from Asia to the United States, suggesting the current rate spike may be opportunistic and short-lived.
The post Drewry WCI rises 16% on key trade lanes appeared first on Container News.
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