Situation

Vessel utilization remains high and several carriers have implemented peak season surcharges. Short-term prices are reaching their peak, but we expect rates to stabilize in the coming weeks.

Obstacles

Space availability remains tight, and strikes in North European ports are affecting schedule reliability. Additionally, congestion at US ports could cause delays of 2–3 days.

Outlook
We do not anticipate much relief in pricing over the coming weeks, with Q4 will rates likely to remain elevated. However, we do not foresee any further increases in short-term rates in October.

Main Ports: North Europe to US East Coast

^{Source: Market average rates for 40‘ containers according to www.xeneta.com}

Main Ports: North Europe to US West Coast