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October 06, 2017

Global container freight index rose again in August

The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) continues its upward tendency as it improves from 127.9 to 128.8 points in August 2017.

The index is based on data continuously collected from world container ports by ISL as part of its market monitoring. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade.

As many ports release information about their activities only two weeks after the end of the respective month, the RWI/ISL Container Throughput Index is a reliable early indicator for the development of international merchandise trade and hence for the activity of the global economy.

The flash estimate for August is based on data reported by 41 ports accounting for roughly 78% of the total index volume.

Source: ISL