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Container freight rates rose to the highest level in two years as companies scrambled to deliver goods before the tariff policy was adjusted, and global shipping disruptions continued. According to the Drury World Container Index, global container freight rates more than doubled in the second quarter, peaking at 4,639 US dollars per 40-foot container in the week ending July 9, the highest level since 2024. Back then, container ships were forced to deal with transportation risks caused by Houthi attacks in the Red Sea.
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Container freight rates rose to the highest level in two years as companies scrambled to deliver goods before the tariff policy was adjusted, and global shipping disruptions continued. According to the Drury World Container Index, global container freight rates more than doubled in the second quarter, peaking at 4,639 US dollars per 40-foot container in the week ending July 9, the highest level since 2024. Back then, container ships were forced to deal with transportation risks caused by Houthi attacks in the Red Sea.
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