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Ocean Freight Rates Caught in Coronavirus Slump

Biodegradability or recycled? Carbon inset or carbon offset? Blockchain or chasers? Get the definitions and relative advantages of each, and learn how to address your company’s specific impacts and goals. Join us July 29 for our Sustainability FAQs Workshop with Gap Inc., SAC, Fashion for Good, Accelerating Circularity, Lectra & Cotton Incorporated.

Drewry’s composite World Container (WCI) index continues its downward trajectory since the first week of February due to the outbreak of coronavirus in China and elsewhere in the world. The index decreased 3.5 percent for the week ended March 5 and reached $1,485.59 per 40-foot container or equivalent (FEU). The WCI was up 3.1 percent…

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