Drewry’s composite World Container index increased marginally 0.5% or US$50 to US$9,421.48 per 40ft container on 12 August, 358% higher than the same week in 2020.
This is the 17th consecutive week of increases, according to Drewry which reports that freight rates from Shanghai to Genoa soared 2% to reach US$12,993 per 40ft container, a change of 556% Y-o-Y.
At the same time, spot rates on Shanghai to Los Angeles climbed to US$10,322 for a 40ft box, while rates on Rotterdam to New York plunged 7%...
https://container-news.com/drewrys-wci-gains-us50-this-week/