Source: Market average rates for 40‘ containers according to www.xeneta.com
Trade Analysis: Far East Eastbound
Situation
Pricing on this trade remains low and stable for now, though schedules are still being affected by the situation in the Red Sea as well as ongoing congestion at European ports.
Obstacles
Schedule reliability currently remains the main obstacle.
Outlook
The market is not expected to pick up in Q3 and rates are expected to remain low for the rest of the quarter.