World Container Index – 12 Jan 23

Drewry’s composite World Container Index remained relatively stable at $2,132.49 per 40ft container this week. Source: Drewry World Container Index Detailed assessment for Thursday, 12 January 2023 The composite index remained relatively stable (decreased a marginal 0.1%) this week, but has dropped by 78% when compared with the same week last year. The latest Drewry …

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STATE OF FREIGHT

Manufacturing orders from China down 40% in unrelenting demand collapse KEY POINTS [November 2022] U.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse. Asia-based shipping firm HLS recently told clients it is a “very bad time for the shipping industry.” China to U.S. …

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