Global container rates surge 10% as US tariff pause spurs demand
The Drewry World Container Index surged 10.19 per cent to $2,508 per FEU, marking a 21 per cent rise in three weeks as Trump’s tariff pause spurred US-bound traffic. Rates from Shanghai to LA and New York soared up to 42 per cent. While this marks the first double-digit gain since July 2024, Drewry warns spot rates may decline again in H2 due to weak demand.
The Drewry World Container Index surged 10.19 per cent to $2,508 per FEU, marking a 21 per cent rise in three weeks as Trump’s tariff pause spurred US-bound traffic.
Rates from Shanghai to LA and New York soared up to 42 per cent.
While this marks the first double-digit gain since July 2024, Drewry warns spot rates may decline again in H2 due to weak demand.
