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September 26, 2018
Global container freight index remained stable in August
The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the ISL - Institute of Shipping Economics and Logistics increased marginally from 132.6 points in July to 132.8 points in August.
The Institutes note that, regardless of this "increase" which effectively is a standstill, the index continued to run well below the (all-time-) high seen in January (134.1 points). The index thus indicates and ongoing stagnation of world trade.
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.
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