{"id":85078,"date":"2026-02-11T13:56:00","date_gmt":"2026-02-11T16:56:00","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/891435835"},"modified":"2026-02-11T13:56:00","modified_gmt":"2026-02-11T16:56:00","slug":"asia-u-s-ocean-freight-rates-give-up-2026-gains","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/11\/asia-u-s-ocean-freight-rates-give-up-2026-gains\/","title":{"rendered":"Asia-U.S. ocean freight rates give up 2026 gains"},"content":{"rendered":"
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Ocean container rates on the benchmark eastbound trans-Pacific have given up gains won in 2026 as muted demand marks a lull that could last until the peak shipping season.<\/p>\n

\u201cAnd while ocean rates typically ease as the holiday approaches, they normally remain elevated relative to levels before the rush until after the post-holiday backlog is cleared,\u201d said Freightos (NASDAQ: CRGO<\/a>) analyst Judah Levine, in a note to clients.<\/p>\n

The Freightos Baltic Index shows Asia-U.S. West Coast prices tumbled 21% to $1,916 per forty foot equivalent unit (FEU) in the latest week. Asia-U.S. East Coast rates fell by 10% to $3,457 per FEU.<\/p>\n

Freightos is a contributor to SONAR<\/a> ocean data. <\/p>\n

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\u201cAsia-U.S. West Coast rates slipped more than 20% last week to about $1,900 per FEU are all the way back to early December levels, suggesting that prices are already entering the post-Lunar New Year, pre-peak season lull,\u201d Levine wrote.<\/p>\n

The National Retail Federation U.S. ocean import report projects March volumes will dip 5% month-on-month. First-quarter demand is projected to trail year-ago levels by 7% year as retailers exercise caution and totals are compared to volumes frontloaded in Q1 last year.<\/p>\n

U.S. container ports and air hubs have mostly recovered from the recent winter storm, though backlogs at inland rail terminals continue to cause delays for shippers.<\/p>\n

Levine noted that record global container volumes in 2024 failed to keep pace with carriers\u2019 expanding fleets. Maersk last week  (MAERSK-B.CO<\/a>) reported its first quarterly loss in years and its Gemini Cooperation partner, Hapag-Lloyd (HLAG.DE<\/a>), also saw lower  earnings amid traffic growth. Maersk for the first time said it would factor a major economy\u2019s recession into its outlook, and forecast a possible profit\/loss swing of $1 billion, depending on whether substantial container traffic returns to the Red Sea.<\/p>\n

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Find more articles by Stuart Chirls here<\/strong>.<\/a><\/em><\/p>\n

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New CBP vessel rule targets high-risk exports<\/a><\/em><\/p>\n

New Jaxport project to boost Toyota volumes<\/a><\/em><\/p>\n

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

… could last until the peak shipping<\/span> season. \u00e2\u0080\u009cAnd while ocean rates …<\/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-85078","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\/85078","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=85078"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/85078\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=85078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=85078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=85078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}