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Post-peak spot rates fall as ocean carriers consider price increases
After China's Golden Week, spot container rates from Asia to the US declined, with Shanghai–Los Angeles down 3% week on week to $7,624 per 40ft and Shanghai–New York down 2% to $10,220, according to Drewry's World Container Index.
According to Drewry’s World Container Index, the spot rate on the Shanghai–Los Angeles route fell 3% week on week to $7,624 per 40ft. The Shanghai–New York leg was down 2% to $10,220 per 40ft.
China’s Golden Week holiday appears to have marked the end of the protracted transpacific peak season, as container freight spot rates out of Asia to the US declined this week.
The source headline also says ocean carriers are eyeing price increases. The available excerpt mentions a US west coast forwarder but cuts off before providing further details.
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