Situation

The situation on this trade lane has also begun to ease, although there are still some space constraints for shipments to the US East Coast. Space availability has improved for shipments to the US West Coast. Rates started to drop towards the end of July, and we expect this trend to continue into August. Most cargo should already be in the USA in time for the main holiday season, but we can still expect a surge in demand just before the Golden Week holidays at the beginning of October.

Obstacles

As with other trade lanes, the main concern is currently the impact of typhoon season in Asia, which could lead to disruptions and delays.

Outlook

The outlook for space availability and rate development is positive. In the short term, rates are expected to continue declining. The Peak Season Surcharge (PSS) for long-term contracts is also expected to decrease gradually in the coming weeks.

As tariffs have remained unchanged at 10% since July 24, we do not expect any volume disruptions resulting from the tariffs.

Main Ports: Far East to US West Coast

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

Main Ports: Far East to US East Coast