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European Shippers Face Renewed Rate Pressure as Post-Holiday Demand Softens
Container freight rates declined in early November as European importers completed pre-Christmas inventory builds, intensifying pressure on carriers already navigating overcapacity and persistent Red Sea diversions that continue to reshape global shipping patterns. The composite price index fell 5 per cent between the first and second weeks of November, with Drewry's World Container Index placing the global average price of shipping a 40-foot container at $1,859 as of 13 Nove
Nov 3, 20252 min read
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