Source: Market average rates for 40‘ containers according to www.xeneta.com
Trade Analysis: Transpacific
Situation
Following a brief peak in November, when rates increased for a short period, we are currently experiencing balanced demand and supply, with more space available, particularly for the US East Coast. Capacity has increased by almost 11%. There has been a continuous weekly rate drop on Transpacific trades, and no peak season is expected in December.
Obstacles
There are currently no major obstacles and no significant challenges at US ports.
Outlook
We expect a short-term increase in cargo volumes prior to the Lunar New Year (LNY), along with further space restrictions during the usual Transpacific tender season in Q1, which could lead to further short-term rate increases. The general outlook for this trade in 2026 is rather flat due to geopolitical reasons. Some companies are focusing more on a “China+1” sourcing strategy, which could increase volumes from Vietnam, Thailand and India along this trade lane.