Drewry’s World Container Index (WCI) fell 4% this week, reaching $2,445 per 40ft container. The decline was driven by weaker rates on the Transpacific and Asia–Europe trade routes. Spot rates from Shanghai to New York dropped 10% to $3,568 per 40ft container, while Shanghai–Los Angeles rates fell 7% to $2,909. Despite expectations of upward pressure […] The post Drewry World Container Index falls 4% to $2,445 appeared first on Container News .