supply-chain

Suez Transits Jump 17% and Asia-Europe Rates Break First

Aerial view of a large container ship moving through the Suez Canal at dawn, flanked by tugboats.
As Suez transits climb, returning capacity is already splitting Asia-Europe and Transpacific freight rates. Illustration: MarketIntelLabs

Suez transits jumped from 41 to 48 in the space of a week, and the lane that change hits first is already breaking. Drewry's World Container Index assessment for Thursday 24 September 2026 put the eight-lane composite down 1 percent at $4,468 per 40-foot container, entirely because of Asia-Europe: Shanghai to Genoa fell 5 percent to $3,835 and Shanghai to Rotterdam fell 4 percent to $3,485. On the Transpacific side, Shanghai to Los Angeles rose 2 percent to $7,838 and Shanghai to New York held at $10,373, within reach of the $10,394 peak from the 22 September print. One canal, two directions.

Key takeaways: Drewry's 24 September assessment has the composite WCI down 1 percent to $4,468 per 40…

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