Below you will find pages that utilize the taxonomy term “container shipping”
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Container Spot Rates Hit Four-Year Highs on Frontloading and Hormuz Disruption
Container spot freight rates jumped again this week, pushing global benchmarks to their highest levels since the pandemic-era peak of 2022. Drewry’s World Container Index rose 9% week-on-week to $4,530 per 40ft container, with gains concentrated on the transpacific and Asia-Europe trades. S&P Global’s Platts Container Index corroborated the move, climbing 80% over the 30 days to June 24 to its highest reading since April 2022.
The transpacific is leading the surge.