Drewry WCI Snaps Three-Week Slide, Rising 1% to $4,297 on Transpacific Strength

Summary

Drewry's World Container Index rose 1% to $4,297 per FEU in the week to 6 August, its first gain after three straight weekly declines. Shanghai-New York jumped 4% to $7,893 and Shanghai-Los Angeles climbed 3% to $5,894, up 133% year on year, as carriers landed August GRIs and congestion in central and southern China trimmed available capacity.