{"id":3335,"date":"2025-06-10T14:55:44","date_gmt":"2025-06-10T06:55:44","guid":{"rendered":"https:\/\/ufreight.com\/?p=3335"},"modified":"2025-06-10T14:55:46","modified_gmt":"2025-06-10T06:55:46","slug":"drewry-container-index-continues-to-rise","status":"publish","type":"post","link":"https:\/\/ufreight.com\/tc\/drewry-container-index-continues-to-rise\/","title":{"rendered":"Drewry container index continues to rise"},"content":{"rendered":"<p class=\"wp-block-paragraph\">With U-Freight&#8217;s strong presence in the global container shipping arena, we note that Drewry&#8217;s World Container Index rose a further 41% to USD 3,527 per 40ft box on average in the last week.<br><br>That means the WCI has increased 70% in the last 4 weeks, as President Donald Trump&#8217;s &#8220;pause&#8221; on import tariffs led to a resumption of US-bound traffic after the initial collapse of transpacific volumes.<br><br>Freight rates from Shanghai to Los Angeles have jumped 57% to USD5,876 per 40ft container in the past week and 117% since 8 May (four weeks ago). Spot rates to New York have risen 39% in the past week and 96% in the past four weeks.<br><br>Freight rates from Shanghai to Rotterdam and Genoa have also risen in the past week, by 32% and 38%, respectively.<br><br>The latest sudden, short-term strengthening in the supply-demand balance in global container shipping has reversed the trend of declining rates, which had started in January.<br><br>However, Drewry&#8217;s Container Forecaster expects the supply-demand balance to weaken again in the second half, which will cause spot rates to decline again in the second half of this year.<br><br>The volatility and timing of rate changes will depend on the outcome of legal challenges to Trump&#8217;s tariffs and on capacity changes related to the introduction of the US penalties on Chinese ships, which are uncertain.<br><br>For many years, Drewry&#8217;s WCI has been the go-to, independent, global reference for index-linked contracts.<br><br>For more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website, or contact your local office, which can be seen here: <a href=\"https:\/\/ufreight.com\/tc\/locations\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ufreight.com\/locations<\/a><br><br><\/p>","protected":false},"excerpt":{"rendered":"<p>With U-Freight&#8217;s strong presence in the global container shipping arena, we note that Drewry&#8217;s World Container Index rose a further 41% to USD 3,527 per 40ft box on average in the last week. That means the WCI has increased 70% in the last 4 weeks, as President Donald Trump&#8217;s &#8220;pause&#8221; on import tariffs led to&#8230;<\/p>","protected":false},"author":2,"featured_media":2420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/comments?post=3335"}],"version-history":[{"count":1,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3335\/revisions"}],"predecessor-version":[{"id":3336,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/posts\/3335\/revisions\/3336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/media\/2420"}],"wp:attachment":[{"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/media?parent=3335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/categories?post=3335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ufreight.com\/tc\/wp-json\/wp\/v2\/tags?post=3335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}