The Drewry World Container Index fell -7% WoW to $1,959 per 40ft container, marking a fourth straight weekly decline amid weakening global freight demand, driven mainly by lower spot rates across the Transpacific and Asia–Europe trade routes.

• Shanghai–Los Angeles spot rates declined -8% WoW to $2,239 per container, indicating renewed softness on the U.S. West Coast lane.

• Shanghai–New York rates fell -5% WoW to $2,819, showing continued weakening on the Transpacific East Coast route.

• Asia–Europe rates extended losses for a fourth consecutive week, with Shanghai–Rotterdam down -9% WoW to $2,164 and Shanghai–Genoa down -7% WoW to $3,048.

• The usual pre–Lunar New Year shipping surge failed to materialise in 2026, contributing to weaker demand conditions across major routes.

• Carriers announced elevated blank sailings over the next three weeks (18, 27, and 28 on Transpacific routes; 9, 16, and 9 on Asia–Europe routes), reflecting aggressive capacity management amid soft volumes.

• Drewry noted spot rates are expected to decrease further in coming weeks as factory closures and market volatility persist.