Drewry WCI rose7.76 per cent to $3,803 per FEU on December 19, spurred by potential ILA strike and anticipated rate hikes under Trump.
Despite this, it remains 63 per cent below its 2021 peak but 168 per cent above 2019 average.
Freight rates on key routes varied, with increases on the Shanghai to US lanes and decreases to Europe, as the market braces for more hikes due to geopolitical factors.
Drewry WCI rose7.76 per cent to $3,803 per FEU on December 19, spurred by potential ILA strike and anticipated rate hikes under Trump.
Despite this, it remains 63 per cent below its 2021 peak but 168 per cent above 2019 average.
Freight rates on key routes varied, with increases on the Shanghai to US lanes and decreases to Europe, as the market braces for more hikes due to geopolitical factors.