Freight Pulse · Issue 37

Composite holds a second week as Asia–Europe keeps slipping

A flat headline for the second week running, and for the second week running it hides the same split. Modest transpacific gains offsetting a steady Asia–Europe bleed.

SeaFreightPrices Market Desk 3 min read

Index levels assessed 10 September 2026. This is the weekly briefing as it was published — it is not updated afterwards. For the current position on your lanes, use the rate explorer.

The week in numbers

Drewry World Container Index, spot, 40ft, week-on-week.
LaneLevelWeek
Composite$4,476flat
Shanghai – Rotterdam$3,997−2%
Shanghai – Genoa$4,216−3%
Shanghai – Los Angeles$7,352+2%
Shanghai – New York$9,726+1%

What moved, and why

  • The composite was stable at $4,476 per 40ft for the second consecutive week.
  • Transpacific gains were modest rather than dramatic: Shanghai–Los Angeles up 2%, Shanghai–New York up 1%.
  • Asia–Europe continued to give ground, with Shanghai–Genoa down 3% and Shanghai–Rotterdam down 2%. Shanghai–Rotterdam has now fallen below $4,000.
  • The intra-Asia index edged up 1% to $1,323 per 40ft — worth watching if you feed the main corridors through a transhipment hub.
  • With demand easing and carriers still managing capacity, Drewry expected rates to stay stable the following week.

What it meant for a quote

Shanghai–Rotterdam went under $4,000 for the first time in this run. If you were sitting on a Q4 Asia–Europe tender waiting for a better number, the direction was already set by this point, and waiting was the right call. The flat composite was telling you nothing — the corridor beneath it was.

Sources

  • Drewry World Container Index and Intra-Asia Container Index, assessments for 10 September 2026.

Figures are as published by the named third parties on the dates given. They are not SeaFreightPrices benchmarks; our own methodology is set out on the methodology page.