US EditionAsia-US Sea Freight Rates Set to Extend Declines Amid Tariff Chaos
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4 Articles
Sea freight rates between Asia and the US are projected to continue to decline over 2025, according to the original report.This is mainly because shipping capacity is surpassing demand and there are changes in trade routes.These conditions are significantly affecting tariffs: since June 1, average container spot rates have fallen 58% to the west coast of the US and 46% to the east coast.The lack of resolution in US-China trade talks adds a level…
Asia-US freight rates fall further amid tariff disruption
Sea freight rates between Asia and the US are forecast to continue falling through the remainder of 2025, as ongoing tariff chaos, overcapacity, and shifting trade dynamics disrupt traditional shipping routes. According to market intelligence provider Xeneta, spot container rates to the US West Coast dropped by 58 per cent since 1 June, while rates […] The post Asia-US freight rates fall further amid tariff disruption appeared first on Port Tech…
Asia-US sea freight rates set to extend declines amid tariff chaos
Asia-US sea freight rates are set to drop further in 2025 as shipping capacity outpaces demand and trade routes shift due to tariffs and geopolitical tensions, though vessel rerouting is expected to limit some losses, industry experts said.
The three major shipping companies released their consolidated financial results for the April-June 2025 period on the 5th, with all reporting a net profit decline of over 50% compared to the same period last year. This was due to a drop in container shipping rates caused by a large fluctuation in the volume of cargo from China in a short period of time due to the tariff measures imposed by the US Trump administration. Net profit was down 10% fo…
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