The Tariff-Fueled Container Rally May Be Running Out of Steam

The Tariff-Fueled Container Rally May Be Running Out of Steam

LOS ANGELES, June 5 (Reuters) – Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning the surge is moderating, financial analysts and maritime consultants said. Ocean vessels transport more than 80% of goods traded

Tariff-Fueled Surge in Container Shipping Rates Shows Signs of Peaking

Global container volumes dip after hitting all-time record on pre-tariff surge

Strong start to year lifts prices in forward markets despite lingering US-China trade uncertainty

Carrier price hikes hold, driving spot rates higher as space gets scarcer - The Loadstar

Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took effect and held for the remainder of the week. All the major indices showed large double-digit gains, apart from the Shanghai Containerised Freight Index, underlining a recently noticeable trend that the SCFI’s movement has tended to indicate the following week’s movement on Drewry’s World…

World Container Index Sees Big Jump

Huw Murday DREWRY’S World Container Index increased 41% to US$3527 per 40-foot container this week ending 5 June. Drewry said the index has increased 70% in the last 4 weeks, as United States President Donald Trump’s “pause” on import tariffs led to a resumption of US-bound traffic a-footer the initial collapse of transpacific volumes. Freight rates from Shanghai to Los Angeles have jumped 57% to US$5,876 per 40-foot container in the past week a…