World Container Index reaches 22-month high as spot freight rates continue to climb

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The Drewry World Container Index increased by 5% this week to $4,166 per 40ft container, reaching a 22-month high. Spot freight rates from Shanghai to Los Angeles rose 12%, driven by higher Transpacific rates.

The Drewry World Container Index (WCI) increased 5% this week to US$4,166 per 40ft container. The composite index reached its highest level since September 2024. It also stands 40% higher than a year ago. Higher Transpacific rates drove the increase. Spot rates from Shanghai to Los Angeles climbed 12% to US$5,750 per 40ft container. Rates […] The post World Container Index reaches 22-month high as spot freight rates continue to climb appeared first on Container News.