Drewry’s World Container Index fell -8% WoW to $1,761 per 40ft container, marking the 15th consecutive weekly decline and reinforcing broad weakness across major trade lanes.

• Shanghai–Los Angeles spot rates dropped -10% WoW to $2,311/feu, giving back the brief September gains from GRIs and blank sailings.

• Shanghai–New York rates fell -8% WoW to $3,278/feu, continuing the downward trajectory seen in recent weeks.

• Asia–Europe routes also weakened, with Shanghai–Rotterdam down -9% WoW to $1,735/feu and Shanghai–Genoa down -7% WoW to $1,990/feu.

• Carriers are actively cutting capacity ahead of China’s Golden Week, when factories will close for eight days, but demand softness is still weighing on freight levels.

• Drewry’s Container Forecaster projects the supply–demand balance will weaken further over the coming quarters, pressuring spot rates to contract further.