Drewry's World Container Index hits two-year high as rates keep climbing

Summary

Drewry's 9 July WCI assessment reached a two-year high, extending the rally driven by peak-season demand, capacity discipline and geopolitical risk. Trans-Pacific rates neared $8,000/FEU and Asia-Europe headhaul rates stayed firmly up, with analysts debating whether demand is peaking even as surcharges keep stacking.