We predict that sea freight will remain stable and continue to decline in the first and second quarters. By the end of June, it may drop by 5%-10% on the basis of current prices.
Word Container Index decreased marginally by 0.5% this week, but, remains 79% higher than a year ago.
WCI composite decreased by 3.3 points from January 20, 2022 to February 3, 2022.
From $9377 to $9698.
Shanghai to Los Angeles route freight rate dropped 5.6% from January 20, 2022 to February 3, 2022.
From $11197 to $10571.
The following are the changes in the freight rates of major routes.
I want to share a webpage to see the sea freight trends by yourself here:
You are able to choose by the droplist to check what you want to see.