Drewry’s Intra-Asia Container Index (IACI), a key indicator of spot container freight rates in the region, declined 12% in the last two weeks of January 2025, reaching $726 per 40ft container. Despite this drop, freight rates remain 37% higher than the same period in 2024, highlighting the ongoing resilience of intra-Asian trade.
Key Highlights
- Current Rate: $726 per 40ft container (as of 31 January 2025).
- Change: 12% decrease over two weeks.
- Annual Comparison: 37% higher than January 2024 levels.
- Outlook: Further rate declines are expected in February 2025.
About the Intra-Asia Container Index (IACI)
Drewry’s IACI tracks actual spot container freight rates across major intra-Asia trade routes. Updated fortnightly, it consists of 18 route-specific indices and a composite index, all reported in USD per 40ft container.
Monitored Trade Routes Include
- Shanghai to/from major ports like Busan, Singapore, Manila, Yokohama, and Jebel Ali.
- Regional hubs such as Kaohsiung, Laem Chabang, Jakarta, and Ho Chi Minh City.
- India’s Jawaharlal Nehru Port and other key Asian shipping corridors.
As intra-Asian trade continues to evolve, freight rate movements will be closely watched for market trends and supply chain strategies.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Drewry