Drewry: Intra-Asia Container Index Drops 12% This Week

49

Drewry’s new Intra-Asia Container Index (IACI), a weighted average of regional spot container freight rates, decreased 12% to $589 per 40ft container in the past fortnight.

Intra-Asia Container Index assessment for 30 September 2024

Drewry’s Intra-Asia Container Index (IACI) dropped 12% over the past two weeks to $589 per 40ft container. Despite this decline, rates are 63% higher compared to the same period last year. Drewry expects this downward trend to persist in October.

Source: Drewry Intra-Asia Container Index, Drewry Supply Chain Advisors

Note: Freight rates exclude origin and destination terminal handling charges (all rates $US/40ft)

Did you subscribe to our daily Newsletter?

It’s Free Click here to Subscribe!

Source: Drewry