World Container Index drops
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World Container Index drops
Daily Cargo News DREWRY’s World Container Index decreased 7% to $3,279 per 40ft container this week. For the first time in over a month, Drewry’s WCI fell 7% this week, following six weeks of gains, mainly due to the low demand for US-bound cargo. It is a sign that the recent surge in imports to the US, which occurred after the temporary halt of higher US tariffs, will fail to have the lasting impact we had initially expected. Freight rates fro…
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