Ocean Freight Market Update – November 2025
This Month: Severe USWC rollovers expected to ease in weeks 45–46, with space normalizing from week 47. Post–Nov 1 GRI rate bump was short-lived: USEC spot rates still declining; USWC steady with mixed carrier signals. New GRI effective Nov 15, 2025 for all U.S. and...
Ocean Freight Market Update – October 2025
This Month: New General Rate Increases (GRIs) take effect October 15, with another scheduled for November 1. 14% of Trans-Pacific capacity is now blanked as carriers fight falling spot rates. 100% import tariff on Chinese goods proposed for November 1, covering...
Freight Market Update – September 2025
This month: Spot rates spiked as carriers pushed a $800–$900/FEU GRI on Sept 1, with further hikes slated for Sept 15 and Oct 1. Asia–USWC rates surged 20.95% week-over-week, driven by blank sailings and space tightening—not demand. Bookings to the U.S. fell 20% over...
Freight Market Update – August 2025
This month: Spot rates fell 3.3% with no traditional peak season in sight. Rate softness expected through late 2025 due to new U.S. tariffs and Chinese vessel restrictions. Southeast Asia ports see higher loadings than China; tropical storms delay Chinese port...