News / Ocean freight rates fall for third week – but USEC port strike a major threat

Photo: ILA

16/08/2024

The downward trend of the Drewry World Container Index (WCI) continued this week, showing average rates have fallen another 2%, to $5,428 per 40ft, from the highs of mid-July.

This marks the third consecutive week of falling rates, but the consultant says there is still a ...

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