Container spot index 16% lower than a year ago

Spot rates are declining – 3% in the last week alone – and Drewry predicts further decreases in prices on the container market are to come.

Photo: Aly Song/Reuters/Ritzau Scanpix/REUTERS /

Spot rates on the eight most important container routes between the US, Europe and Asia are 16% lower than a year ago, writes maritime and supply chain consultancy firm Drewry in its weekly World Container Index.

In this week alone, rates have fallen by 3%, and Drewry expects a further decline in the coming weeks.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs