Container freight spot rates shot up on the transpacific trades this week, with an immediate surge in demand following news of a new 90-day hiatus in the China-US trade war.
This week’s World Container Index (WCI) from Drewry, which records spot rates paid over the past week, showed prices on its Shanghai-Los Angeles leg increase 16% week on week, to end at $3,136 per 40ft, while the Shanghai-New York leg climbed even higher, with a 19% gain on the previous week.
Main insights for the second half of March 2025
The April 2025 edition of DHL’s Ocean Freight Market Update provides a nuanced and in-depth overview of the container shipping industry amid a complex mix of geopolitical disruptions, shifting trade policies, and evolving market dynamics
