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Container rates rocket even higher — and there's no end in sight | Hellenic Shipping News Worldwide

Container rates rocket even higher — and there's no end in sight | Hellenic Shipping News Worldwide
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Container rates rocket even higher — and there's no end in sight

Container spot rates spiked again, with new records set. For importers, the worst is yet to come. ....

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US imports could stall as demand overwhelms trans-Pacific capacity

US imports could stall as demand overwhelms trans-Pacific capacity
Bookings index for imports falls back despite exceptionally high demand
Trans-Pacific system is beyond max capacity (Photo: Shutterstock/Tashatuvango)
U.S. import demand remains historically high. And yet, containerized imports could pull back, at least temporarily, because the trans-Pacific shipping system has bounced against its max-capacity ceiling and can no longer bear the full load.
Liner giant Maersk said in a new client note that month-on-month U.S. import declines “should not be attributed to a softening in demand, but rather, to continued capacity disruptions caused by heavy congestion across the entire trans-Pacific network.” ....

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