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Textiles
Drewry WCI rises to highest level since September 2024
10 Jul '26
2 min read
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Insights
Drewry's World Container Index rose 2.4 per cent to $4,639 per FEU in the week ended July 9, its highest level since September 2024, driven by stronger demand and firmer Asia-Europe freight rates.
Tight capacity, planned rate hikes, and limited blank sailings supported prices, while Middle East tensions continued to add uncertainty to global shipping.
The Drewry World Container Index (WCI) continued to rise, driven by stronger demand and higher freight rates on Asia-Europe trade routes. The index increased 2.40 per cent to $4,639 per FEU (forty-foot equivalent unit) for the week ended July 9, up from $4,530 per FEU a week earlier. The index reached to its highest level since September 2024.
On the Transpacific trade route, spot rates from Shanghai to Los Angeles increased 2 per cent to $6,482 per 40ft container, while rates from Shanghai to New York remained stable at $7,904 per 40ft container. According to Drewry’s Container Capacity Insight, only three blank sailings have been announced on the Transpacific trade route for the next week, reflecting tight capacity. A few carriers have announced GRIs in the range of $2,000–$3,000 per 40ft container on the Transpacific trade route, effective July 15. Drewry expects rates to remain elevated in the coming weeks.
Drewry's World Container Index rose 2.4 per cent to $4,639 per FEU in the week ended July 9, its highest level since September 2024, driven by stronger demand and firmer Asia-Europe freight rates.
Tight capacity, planned rate hikes, and limited blank sailings supported prices, while Middle East tensions continued to add uncertainty to global shipping.
On the Asia–Europe trade route, spot rates continue to increase this week. Freight rates from Shanghai to Geno
