{"version":"1.0","provider_name":"UFL Group","provider_url":"https:\/\/ufreight.com\/tc","author_name":"UFL Group","author_url":"https:\/\/ufreight.com\/tc\/author\/tung-ho\/","title":"Container rates slide for fourth week - UFL Group","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"aJhoUVInY7\"><a href=\"https:\/\/ufreight.com\/tc\/container-rates-slide-for-fourth-week\/\">Container rates slide for fourth week<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/ufreight.com\/tc\/container-rates-slide-for-fourth-week\/embed\/#?secret=aJhoUVInY7\" width=\"600\" height=\"338\" title=\"Container rates slide for fourth week &#8212; UFL Group\" data-secret=\"aJhoUVInY7\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/ufreight.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>","thumbnail_url":"https:\/\/ufreight.com\/wp-content\/uploads\/2024\/12\/cargo-ship-miami-harbor.jpg","thumbnail_width":902,"thumbnail_height":600,"description":"With our large portfolio of international container shipping services for both LCL and FCL cargoes, we note that global container shipping rates fell for a fourth straight week last week, with Drewry's composite container index sliding 7 percent to USD1,959 per 40-foot container as carriers face unexpectedly soft demand ahead of the Lunar New Year, which is normally one of the strongest shipping periods of the year. The continued decline marks a clear break from seasonal norms. According to the Drewry World Container Index, spot rates fell across every major trade lane despite Chinese factory shutdowns approaching. Rates from Shanghai to Los Angeles dropped 8 percent to USD2,239 per feu, while Shanghai\u2013New York slipped 5 percent to USD2,819 per feu. \u201cThis downward trend highlights a significant shift in the market, as the traditional pre-Lunar New Year cargo rush is failing to materialise in 2026,\u201d Drewry said. Carriers have responded by pulling capacity at an unusually aggressive pace. Over the next three weeks, operators have cancelled 18, 27, and 28 sailings on transpacific routes, which is well above typical seasonal levels, according to Drewry\u2019s Container Capacity Insight."}