The latest Drewry World Container Index (WCI) of container shipping rates remained stubbornly high this week, despite a 1% decrease to an average $5,736 per 40ft, still well above the year’s average of $3,946.
But among that little movement, Shanghai-Los Angeles rate dropped 3%, to $6,740 per 40ft.
But the report concludes: “Drewry believes spot rates have peaked, but continued shipping disruptions will keep a floor under the spot rates for some …
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