Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Ocean Freight Rates Remain at High Levels, Hitting Carrier Profits

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

In the midst of the peak season for ocean freight, container freight rates are down slightly this week, though higher than this time last year. The World Container Index (WCI) assessed by Drewry—a composite of container freight rates on eight major routes to and from the U.S., Europe and Asia—was down 0.3% to $1,753.96 per…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!