The market turbulence began after US tariffs were announced in April, which triggered rate surges from May through early June. Subsequently, rates saw a heavy decline until mid-July, when the downward trend began to lose momentum.
Transpacific routes experienced notable decreases this week, with Shanghai–Los Angeles rates falling 3% to $2,412/FEU and Shanghai–New York rates dropping 5% to $3,463/FEU. According to Drewry, the accelerated purchasing phase by US retailers that created an early peak season hasSeguir leyendo
