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Tariff shocks have caused a sharp decline in demand, and ocean freight rates between India and the U.S. continue to fall.
发布时间：
2025-09-24
浏览：120次
The global consolidated shipping market has been significantly impacted by the U.S. tariff hikes on India. As of 27 August, the United States government implemented a 50% tariff on goods originating from India, a measure that has been shown to result in a decline in demand for Indian exports to the East Coast of the United States (USEC), whilst concurrently exacerbating excess capacity. In response, carriers have adopted measures such as reducing capacity and suspending services. However, the persistent supply-demand imbalance continues to result in a market characterised by oversupply. The India-to-U.S. West Coast route is also facing excess capacity, with frequent service suspensions and continuously falling freight rates. The month of October is set to be a pivotal juncture, as carriers meticulously plan large-scale service suspensions with the aim of achieving a stabilisation of freight rates.
In September, the freight rates for the India-to-East Coast U.S. route experienced a decline of $400-$600 per FEU, coinciding with a decrease in container utilisation, ranging from 60% to 70%. Rates for the India-to-West Coast U.S. route have decreased to between $1,600 and $1,700 per FEU, reflecting ongoing market weakness. Tariff policies continue to have a significant impact on the market, and it is anticipated that their full effect will be realised in October. In order to respond to these challenges, carriers must reduce sailings. However, global route capacity overhang persists, necessitating risk management as the top priority.
In September, the freight rates for the India-to-East Coast U.S. route experienced a decline of $400-$600 per FEU, coinciding with a decrease in container utilisation, ranging from 60% to 70%. Rates for the India-to-West Coast U.S. route have decreased to between $1,600 and $1,700 per FEU, reflecting ongoing market weakness. Tariff policies continue to have a significant impact on the market, and it is anticipated that their full effect will be realised in October. In order to respond to these challenges, carriers must reduce sailings. However, global route capacity overhang persists, necessitating risk management as the top priority.