Carriers’ November rate hikes ‘doomed’ say analysts, as demand goes flat

Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 per 40ft, while the Shanghai-New York route was down 5%, to $9,631 per 40ft. “Stro Read full article →