Dramatic increase in global container rates under ever-shifting Trump trade measures
Global container shipping rates escalated dramatically, with Drewry’s World Container Index (WCI) increasing 41% this week to reach $3,527 per 40ft container. The London-based shipping consultancy today indicated that the WCI has increased 70% in the last 4 weeks, as President Donald Trump’s “pause” on import tariffs led to a resumption of US-bound traffic after […]
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