The World Container Index compiled by Drewry, which assesses freight rates on the eight major routes to and from the United States, Europe and Asia, was down 0.7% this week, with $6,998 per 40-foot container handled. The figure is 21% lower than the same week last year.
In detail, rates between Shanghai and Los Angeles and between Shanghai and Rotterdam both fell by 1% to $7,480/FEU and $6,999/FEU, respectively, while rates between Rotterdam and Shanghai dropped 7% to $1,241/FEU.
Rates between Los Angeles and Shanghai, on the other hand, rose 1% to $1,292, while, between New York and Rotterdam they were up by 3% to $1,280. Rates between Rotterdam and New York increased by 2% to $6,929/FEU.
As for the routes between Shanghai and New York and Shanghai and Genoa, rates remained the same as the week before.
Translation by Giles Foster