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Drewry's World Container Index fell 10% to $2,212 per FEU for a second straight week, led by weaker trans-Pacific and Asia-Europe rates after the Lunar New Year. Carriers are cancelling sailings, and Drewry expects further declines while major carriers restart Suez services.
Falling container rates and softer demand signal weaker freight markets, which can ease bulk shipping costs for feed ingredients.
freightwaves.comStuart ChirlsJan 26, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
