- The 5-year average is now just 26% below the peak of $10,377 reached in September 2021, according to new figures.
- New York container rates fell 4% to $7,336 and $867 per feu, respectively. But rates in Los Angeles – Shanghai rose 2%.
- Freight rates on Shanghai – New York fell 6% or $343 to $5,351 per 40ft box. The five-year average is $3,259 higher than the latest figures show.
The composite index decreased by 9% this week, the 37th consecutive weekly decrease, and...
https://mfame.guru/drewrys-composite-world-container-index-decreased-by-9/