Drewry’s World Container Index dropped 1% this week to $1,933 per 40-foot container. The decline marks the fifth consecutive weekly decrease. Weak demand on Transpacific and Asia-Europe routes drove the fall. Spot rates from Shanghai to Los Angeles slipped 1% to $2,214 per container. The Shanghai-New York route also fell 1% to $2,800. Low cargo […] The post Drewry’s World Container Index falls for fifth consecutive week appeared first on Container News .