Recent data from analyst Freightos indicates a consistent decline in rates for containers originating from Asia, reaching values below the lowest points of 2024.
This downward trend can be attributed to several factors, including the diminished demand following the Lunar New Year, restructuring within new carrier alliances and increased capacity.
Specifically, the Asia-Europe market has experienced an 11% decline in rates, down to $2,740 per forty-foot equivalent unit, which is 14% beneath their...
https://www.freightwaves.com/news/trans-pacific-container-rates-below-lowest-2024-levels-freightos