电话：86-532-85039222 
邮箱：info@hengcheng-logistics.com 
Freight rate hikes are spreading! Carriers’ price increase momentum has spilled over from the spot market to long term service contracts.
Release time：
2026-08-18
Browsing：101次
The shipping market is showing clear divergence: freight rates on Trans Pacific routes keep climbing, while rates for Asia Europe lanes keep falling.
On Trans Pacific routes, freight rates continue to surge, driven by shipping disruptions stemming from the Middle East conflict, robust demand on the US East Coast, and typhoon activities in East Asia. Per WCI statistics, Asia Los Angeles rates rose 6% to USD 6,244 per FEU, and Asia New York rates increased 10% to USD 8,706 per FEU. Price hike pressure has passed from the spot market into long term contract space. Average long term contract rates for US West and US East coasts have both climbed roughly 40% since late February, strengthening carriers’ bargaining power.
By contrast, Asia Europe freight rates remain on a downward trajectory. Shanghai Rotterdam rates fell 5% month on month to USD 4,425 per FEU; Shanghai Genoa rates dropped 8% to USD 5,080 per FEU. Amid sluggish demand, the market widely questions whether the planned FAK rate hike (targeting USD 6,700 7,100) rolled out by some carriers for Asia Mediterranean routes can be sustained.
On Trans Pacific routes, freight rates continue to surge, driven by shipping disruptions stemming from the Middle East conflict, robust demand on the US East Coast, and typhoon activities in East Asia. Per WCI statistics, Asia Los Angeles rates rose 6% to USD 6,244 per FEU, and Asia New York rates increased 10% to USD 8,706 per FEU. Price hike pressure has passed from the spot market into long term contract space. Average long term contract rates for US West and US East coasts have both climbed roughly 40% since late February, strengthening carriers’ bargaining power.
By contrast, Asia Europe freight rates remain on a downward trajectory. Shanghai Rotterdam rates fell 5% month on month to USD 4,425 per FEU; Shanghai Genoa rates dropped 8% to USD 5,080 per FEU. Amid sluggish demand, the market widely questions whether the planned FAK rate hike (targeting USD 6,700 7,100) rolled out by some carriers for Asia Mediterranean routes can be sustained.