Situation

We are in the final stage of closing the new contracts for next season. Space is slightly limited for this trade at the end of April. However, some carriers are extending their rates to cover the first half of May.

Obstacles

Tighter space situation on some loops, no other major disruptions for the time being.

Outlook

From May onwards, volumes will increase, which will also lead to short-term rate increases. A few carriers are introducing new services from Asia to the USA, which could bring more capacity and leverage the increased demand for space.

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