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#asia-us-routes
(2 articles)Shipping & Freight
High ImpactJul 22, 2026Ocean rates weaken as geopolitics, tariffs reshape peak season
Container shipping markets are experiencing downward rate pressure following a tariff-driven surge in peak season demand, with Asia-US West Coast rates declining 6% to $7,067 per FEU in mid-July. Howe
FreightWaves#ocean-rates#container-shipping#red-sea-disruption
Shipping & Freight
High ImpactJun 16, 2026Strait of Hormuz Reopening to Reset Ocean Freight Rates
The imminent reopening of the Strait of Hormuz following a U.S.-Iran memorandum of understanding scheduled for June 19 represents a pivotal inflection point for global container shipping economics. Wh
FreightWaves#ocean-freight-rates#strait-of-hormuz#peak-season-surcharge