Situation

Space is available, and carriers did not create a large roll pool on this trade. In the short term, rates for March are showing no signs of recovery and are expected to remain low throughout the month.

 Obstacles

Currently, there are no major obstacles on this trade route.

 Outlook

The TPM conference will take place from 1–4 March, and it is expected that some long-term contracts will be finalized between shippers and shipping lines. Negotiations are slower than usual this year, with shippers using the time to negotiate better conditions. The long-term contracts are expected to be slightly lower than in the previous contract period. We also need to closely monitor US trade policy; the latest 10% global tariff could benefit China. It remains to be seen whether this will result in increased volumes during the next period.

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