Drewry’s World Container Index fell -6% WoW to $2,119 per 40ft container, marking an 11th straight weekly decline as post-tariff volatility continues.

• Shanghai–Los Angeles spot rates dropped -3% to $2,332/feu, while Shanghai–New York fell -5% to $3,291/feu, reflecting weaker US retail demand after the early peak season.

• Asia–Europe routes also softened, with Shanghai–Rotterdam down -10% to $2,661/feu and Shanghai–Genoa down -5% to $2,842/feu, as vessel oversupply outweighed solid demand and port delays.

• The rate slide follows a sharp May–June surge triggered by US tariffs, with declines persisting through July and into late August.

• Drewry expects further near-term weakness as the supply-demand balance deteriorates, with added uncertainty from potential new US tariffs and penalties on Chinese ships.