After 17 consecutive weeks of decline, global container shipping rates have posted their first rebound. According to Drewry’s World Container Index released on October 16, 2025, the average freight rate for a 40-foot container increased by 2%, reaching $1,687.

The modest recovery is linked to general rate increases (GRIs) introduced by major carriers across Asia–Europe and Trans-Pacific routes in an effort to stabilize margins amid sluggish demand.

Key Route Dynamics

 • Asia–Europe:

Shanghai → Rotterdam climbed 6% to $1,669, while Shanghai → Genoa rose 2% to $1,821.

 • Trans-Pacific:

Shanghai → Los Angeles up 1% to $2,195, and Shanghai → New York also up 1% to $3,236.

Market Context

Despite the rebound, Drewry analysts caution that structural oversupply continues to pressure the market. The global container fleet is expanding faster than demand, keeping overall freight levels below the five-year average. Carriers are expected to announce further GRIs on November 1 and 15 in an attempt to maintain pricing momentum through the end of Q4.

While demand recovery remains fragile, this week’s uptick signals that rate erosion may be bottoming out — at least temporarily.