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Linerlytica calls the 1 November Asia-Europe increases effectively doomed as carriers discount, while Sea-Intelligence records unprecedented East-West capacity.
Spot rates gained on both main headhauls in the week to 23 October, led by Asia-Europe, even as Sea-Intelligence recorded record deployed capacity.
The US Trade Representative proposes extending the suspension of Section 301 port fees on China-linked ships to 9 January, as freight indexes split.
Carriers blanked eight sailings for next week against two this week and set FAK increases for 1 November, with spot rates up on all three east-west lanes.
Drewry's WCI rose 3% to US$4,485 per 40ft for the week to 15 October, but Asia-Europe lane indexes moved in opposite directions in the same week.
Asia-US East Coast spot rates are more than three times Asia-North Europe. The gap reflects blanked capacity and Red Sea routing more than a demand boom.