{"id":73265,"date":"2026-02-01T23:56:29","date_gmt":"2026-02-02T02:56:29","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/888542094"},"modified":"2026-02-01T23:56:29","modified_gmt":"2026-02-02T02:56:29","slug":"apac-freight-market-sees-short-term-surges-long-term-overcapacity-ti","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/01\/apac-freight-market-sees-short-term-surges-long-term-overcapacity-ti\/","title":{"rendered":"APAC freight market sees short-term surges, long-term overcapacity: Ti"},"content":{"rendered":"
<\/div>\n

The Asian ocean freight market is navigating a complex landscape of short-term seasonal surges and long-term structural overcapacity, according to UK-based Transport Intelligence (Ti).<\/p>\n

While rates initially jumped in early January, weak underlying demand and the potential return of vessels to the Suez Canal are creating a volatile environment for shippers, it noted.<\/p>\n

Carriers pushed through general rate increases (GRIs) in early January this year, briefly lifting China-to-US West Coast rates above $3,000 per forty-foot equivalent unit (FEU). However, these hikes were largely unsustainable due to weak volumes, with rates quickly correcting to the $1,800-$2,200 range by mid-month, the logistics and supply chain market research firm said in an insights brief.<\/p>\n

Seasonal demand ahead of the Lunar New Year (starting mid-February 2026) has pushed North Europe rates to roughly $2,700 per FEU as of mid-January. This is a significant recovery from the October 2025 lows of $1,300 per FEU.<\/p>\n

Despite a peak ahead of the holiday, Intra-Asia rates have begun to \u2018cool\u2019 in mid-January, settling at an average of $661 per 40-feet container as new services and capacity entered the market.<\/p>\n

The Asian air freight market is witnessing a significant \u2018post-peak\u2019 correction following a record-breaking end to 2025. While rates have dropped sharply from their December highs, demand remains resilient in key high-tech sectors, and a \u2018mini-peak\u2019 is expected in late January ahead of the Lunar New Year.<\/p>\n

Spot rates from major hubs like Hong Kong and Shanghai fell significantly in early January as year-end peak season demand evaporated.<\/p>\n

Despite the rate correction, global air cargo tonnages jumped by 26 per cent in the first full week of January 2026 compared to the end-of-year slump, with the Asia-Pacific region seeing an 8 per cent year-on-year (YoY) increase in chargeable weight.<\/p>\n

Volumes from Southeast Asia to the United States rose by 10 per cent YoY in early January, driven by importers continuing to diversify sourcing away from China.<\/p>\n

Warehousing capacity in the Asia-Pacific is under severe strain in late January as manufacturing slows and labour shortages emerge ahead of the Lunar New Year.<\/p>\n

India closed 2025 with 36.9 million sq ft of warehouse leasing (16-per cent YoY growth), a trend continuing into early 2026 with high demand in Delhi National Capital Region and Chennai.<\/p>\n

After a period of oversupply, development pipelines are expected to drop by a third by 2027, making 2026 a critical \u2018inflection point\u2019 for occupiers to secure quality space before terms tighten again.<\/p>\n

Fibre2Fashion (DS)<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… brief. Asia's ocean freight<\/span> market is navigating short-term … said. Asia's air freight<\/span> market is seeing a significant … the market. The Asian air freight<\/span> market is witnessing a significant … the rate correction, global air cargo<\/span> tonnages jumped by 26 per …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-73265","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/73265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=73265"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/73265\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=73265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=73265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=73265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}