Trans-Pacific ocean container rates have eased post-Lunar New Year, despite volumes estimated to be significantly stronger than a year ago.
The latest Freightos Baltic Index pegs rates to the West Coast of around $2,200 per forty-foot equivalent unit and to the East Coast of approximately $3,300 per FEU, more than 20% below 2024 lows.
This trend is likely due to increased competition and less effective capacity management from new carrier alliance rollouts, as well as continued fleet growth,...
https://www.freightwaves.com/news/trump-tariff-fears-plague-ocean-container-rates