drewry-supply-chain-advisors

Drewry: East-West Rates Days May Be Numbered

Maritime research and consulting service providerDrewry said its World Container Index increased 23 percent to US$3,777 per 40-foot container for the week of Jan. 18. Drewry Supply Chain Advisors’ WCI composite increased 82 percent when compared to the same week last year. Further, the FEU rate is the highest since October 2022 and 166 percent more than the pre-pandemic 2019 average. For year-to-date, the average composite index is US$3,173 per 40 footer, ... [+]