Ocean freight is starting to ease.
Drewry’s WCI fell 1% to $4,473 per 40ft.
Shanghai–Rotterdam fell 3%.
Shanghai–Genoa fell 2%.
That should reduce shipping costs.
But many other charges do not move with the spot rate.
Fuel has its own price.
Storage has its own clock.
Insurance follows risk.
Inland transport follows a different market.
So when ocean rates fall, how much of the saving actually reaches the final logistics bill?
Here are 5️⃣ signals behind it:
1️⃣ The spot rate is only one price
The WCI is moving lower.
But a freight invoice has more than ocean freight.