Drewry: Composite World Container Index stabilising

With U-Freight’s strong presence in the global container shipping arena, we note that Drewry’s composite World Container Index (WCI) declined only one percent last week, and continued to stabilise after a volatile period, which began after US tariffs were announced in April.

Since the big rush to ship cargo before the US tariff increase is now over, Drewry expects spot rates to remain less volatile in the coming weeks.

Drewry’s Container Forecaster expects the supply-demand balance to weaken again in the second half of the year, which will cause spot rates to contract.

There’s still a lot of uncertainty about the volatility and timing of rate and capacity changes.

To read the complete article, go to the following website: https://www.drewry.co.uk/supply-chain-advisors/world-container-index-weekly-update/world-container-index-assessed-by-drewry


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