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.
March 2025 Ocean Freight Market Update by DHL Global Forwarding
The study analyzes the sea freight market by the end of April — beginning of May 2021. It reveals the problems associated with the movement of goods in various regions of the world, highlights the latest developments in the industry and gives a forecast for the next month
