SPOT CONTAINER FREIGHT RATES ON ASIA-EUROPE ROUTES CONTINUE TO PLUNGE

According to Drewry's data, container spot freight rates from Shanghai - Rotterdam fell sharply by 18%, to $2,192/FEU, down $495 in the past week.

According to Drewry's data, container freight rates from Shanghai - Rotterdam fell 18% to $2,192/FEU, down $495. Rates for the Shanghai-Rotterdam route are now 84% lower than in the same period last year - the boom time in 2020 and 2021. Rates are falling sharply and are close to returning to pre-pandemic levels.

Drewry's composite World Container Index (WCI) fell 7% last week at $2,404.46 per FEU. This is the 39th consecutive week of price declines and is now down more than 74% year-on-year and 77% below the peak of $10,377/FEU in September last year.

The Shanghai Containerized Freight Index (SCFI) fell 5.9% from the previous week at 1,229.9 points.

According to Drewry, rates on the Shanghai–Los Angeles route fell 3% to $2,069/FEU, while rates from Shanghai–New York fell 4% to $4,846/FEU.

The analyst forecast, "Drewry expects weekly rates to decline to a lesser extent over the next few weeks."

Related News

Vietnam’s Food and Spice Industry Gradually Conquers Global Markets

Vietnamese food and spice producers are making steady progress in international markets by focusing on “real quality.” By combining authentic local flavors with strict international certifications, they are strengthening their competitiveness and building trust among global buyers.

U.S. ANNOUNCES RETALIATORY TARIFF REVENUES

According to recent data from U.S. Customs and Border Protection (CBP), as of April 5, 2024, the United States has collected more than USD 500 million from newly imposed retaliatory tariffs—bringing the total revenue since 2018 to over USD 21 billion.

EXPANDING AIR LOGISTICS COOPERATION BETWEEN VIETNAM AND AFRICA

In recent years, Vietnam has continuously strengthened its international partnerships and fostered long-term, sustainable relationships with countries around the world, aiming to boost economic growth through trade and global goods exchange.

Related News

GLOTRANS HOLIDAY ANNOUNCEMENT 09/02/2025

Glotrans Holiday Notice – Vietnam Independence Day (02/09/2025) Dear Valued Customers and Partners, Glotrans would like to inform you of our Vietnam Independence Day holiday schedule as follows:

GLOTRANS – 16 YEARS OF STEADY GROWTH AND BEYOND

On August 15, 2025, the Glotrans family proudly celebrates the 16th anniversary of the company’s establishment (2009 – 2025) – a remarkable milestone that marks our journey of formation, growth, and continuous advancement in both domestic and international logistics markets.

GLOTRANS CENTRAL VIETNAM – [TEAM BUILDING 2025] – UNITED AS ONE: ONE TEAM – ONE WILL – ONE JOURNEY

"One Team – One Will – One Journey" – this is not just a slogan, but the very spirit that ran through the 2025 Team Building trip of the Glotrans Da Nang and Glotrans Quy Nhon family.