World Container Index climbs as Asia-Europe freight rates surge

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The World Container Index rose by 6%, driven by a 15% surge in Asia-Europe freight rates from Shanghai to Rotterdam, marking the third consecutive weekly increase ahead of peak season.

The latest Drewry World Container Index (WCI) increased 6% this week to US$2,712 per 40ft container, marking the third consecutive weekly rise in freight rates. The increase was mainly driven by stronger Asia-Europe spot rates ahead of the early peak season. Freight rates from Shanghai to Rotterdam jumped 15% to US$2,773 per 40ft container, while […] The post World Container Index climbs as Asia-Europe freight rates surge appeared first on Container News.