Transpacific Splashes Green As World Container Index Registers Highest Weekly Gain Since December 2020

The World Container Index by Drewry put up its best ever show since December 2020 to end at USD 1,761, registering a 11.7% gain, as headhaul rates across Shanghai- US, Shanghai- Europe and Shanghai- Mediterranean routes logged gains anywhere between 9% and 25%, even as the backhaul and transatlantic trade lanes remained muted. The price …

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