Global container freight demand has not shown signs of improvement and continues to drive a downward trend in rates, according to market indices. Drewry’s composite World Container Index (WCI) for March 6, 2025, decreased -3% per 40ft container, led by a -9% decline in the Pacific trade rates. This marks the lowest level observed since
Speaking at TPM25, liner analyst and CEO of Vespucci Maritime, Lars Jensen, asserted that the container market is unaffected despite declines in spot rates on the main East-West routes. He noted a 6% year-over-year growth in global container volumes. However, Jensen acknowledged that supply stability has been disrupted as carriers adjust to their new networks
The U.S. has imposed tariffs of 25% on all goods from Mexico and Canada starting March 4, 2025. The measure comes following a one-month delay during which negotiations with the two countries took place. Additionally, duties on Chinese goods have also doubled, increasing from 10% to 20% Canada immediately implemented a 25% tariff on U.S. imports worth
