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Transpacific spot rates fall further now that tariff upside is over

  • SCFI Shanghai-US west coast rates sink to just $1,759 per feu; Shanghai-US east coast rates decline to $2,719 per feu
  • SCFI transpacific indexes now at lowest levels since early December 2023, prior to rate surge caused by Red Sea crisis
  • Upside from Asia-US frontloading due to tariffs is over for now; transpacific volumes through year-end expected to be muted

  • Analysis

Spot rates in the transpacific continue to slide now that frontloading has run its course. The question for the months ahead: can carriers use capacity management to arrest the decline?

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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