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According to Drewry’s World Container Index, the composite index rose by 12% in the week to 18 June, reaching $3,969 per 40ft container.

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The latest figures show that the immediate fuel spike has eased, but the operating risk for road transport is shifting towards uneven national support schemes and expiring tax measures.

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Despite the market turbulence, WorldACD’s latest forecast points to continued growth for the sector. The company expects global air cargo demand to increase 2.3% this year.

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Container shipping lines are pushing Asia–Europe freight rates higher in June, with MSC setting new Far East–North Europe rates at $6,000 per 40ft container from mid-month.

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