Drewry World Container Index jumps 9% to $4,530 as peak-season rates hit 2024 high

Summary

The Drewry World Container Index (WCI) rose 9% in the week to July 2 to $4,530 per 40-foot container, up 61% year over year and its highest level since September 2024. Rates from Shanghai climbed to Los Angeles ($6,349, +10%), New York ($7,902, +11%), Rotterdam ($4,682, +7%) and Genoa ($6,360, +10%). Drewry counted eight blank sailings on the transpacific for the following week as carriers tested further July increases.