This item is retained in the archive. Its relevance today is not confirmed: check the original source before using past queues or restrictions for planning.
Intra-Asia container freight rates ease after post-Covid high
The Drewry Intra-Asia Container Index fell 1% to $1,503 per 40ft, ending six weeks of gains, though it remains up 209% year on year.
Intra-Asia container freight rates have marginally eased after hitting a post-Covid high ahead of China's Golden Week holiday. The Drewry Intra-Asia Container Index (IACI) Composite declined 1% this week to $1,503 per 40ft, ending six consecutive weeks of increases.
The index was up 209% year on year and remained largely unchanged during Golden Week, according to the report.
Elevated fuel costs, geopolitical disruptions and operational constraints continue to support the market.
This LogisticsSOS summary was prepared with AI assistance. The original source is linked above; information may require further verification.