Freight Rates Rise for Six Consecutive Weeks! Sharp Hikes on US and Southeast Asia Lane

Release time： 2026-09-10 Browsing：124次

As the National Day Golden Week approaches, pre-holiday cargo shipments, combined with port congestion and vessel schedule delays, have heated up the container shipping market. On September 4, the SCFI stood at 3590.05 points, up 2.29% week-on-week, marking six consecutive weeks of gains. North American routes led the surge: US West Coast rates climbed 4.3% to USD 7,242 per FEU, while US East Coast rose 2.8% to USD 10,324 per FEU. Southeast Asia routes jumped 12% week-on-week. Europe & Mediterranean routes continued to fall. The rate hikes are mainly driven by higher pre-holiday cargo volumes, vessel delays caused by typhoons, and constrained transit at the Panama Canal, all of which have squeezed available shipping space. Carriers plan blank sailings and port skipping to stabilize freight rates after the holiday. Future market trends will hinge on demand shifts and capacity adjustments.
US lanes keep climbing while Europe & Mediterranean routes remain under downward pressure. Hit by port congestion across East Asia and Southeast Asia, freight rates for Southeast Asia lanes have surged sharply：
Far East to Europe: USD 2,643 per TEU; Far East to Mediterranean: USD 3,442 per TEU; Far East to US West Coast: USD 7,242 per FEU; Far East to US East Coast: USD 10,324 per FEU; Persian Gulf route: USD 6,135 per TEU; South America route (Santos): USD 8,953 per TEU; Australia & New Zealand route: USD 2,640 per TEU.
For near-sea lanes:
For Far East to Southeast Asia, freight rates hit USD 893 per TEU (20ft container); rates for Far East to South Korea also rose by USD 16 per TEU from the previous period.