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China-US ocean freight rates hold steady as post-holiday space tightens
Carriers kept trans-Pacific rates steady as post-holiday bookings filled limited space, leaving shippers with fewer options for China-to-U.S. sailings.
Freight rates from China to the US remained stable this week despite tight cargo space following the National Day holiday.
Space constraints intensified as carriers reduced capacity and adjusted services following the holiday, creating backlogs that limited available cargo slots.
Rising fuel costs and schedule changes are exerting upward pressure on pricing, though blended rates currently keep some offers below standard market levels.
Shippers face increased uncertainty regarding delivery timelines and container availability; experts advise booking early and budgeting for potential rate increases as carriers maintain capacity control.
Demand is expected to remain firm through November and December, with analysts suggesting continued pressure on freight rates throughout the year-end season.