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Freight rates decline!All four major shipping routes see drops
Release time：
2025-08-27
Browsing：74次
Against the backdrop of the continuous decline in global container freight rates, the Shanghai Containerized Freight Index (SCFI) has dropped for 11 consecutive weeks, with freight rates on all four major shipping routes falling. The freight rates for 40-foot containers to the US East Coast and US West Coast have dropped to $2,500 and $1,500 respectively, while the freight rate for the Europe route has remained stable at $2,600. Insufficient cargo volume and shipping companies' strategies to compete for cargo have intensified the downward pressure on freight rates. The strict inspection of tax evasion by US customs has further affected the trans-Pacific market.
The industry expects that freight rates may stop falling and rebound in September, but the current market is still in a stage of consolidation at a low level. Shipping companies plan to stabilize freight rates by reducing sailings and adjusting routes, while preparing for the year-end festival demand in Europe and the United States. Although the sluggish cargo volume has led to weak momentum for a rebound in freight rates, as inventory is digested and the effect of reduced sailings becomes apparent, the market is expected to see a slight recovery in September.
The industry expects that freight rates may stop falling and rebound in September, but the current market is still in a stage of consolidation at a low level. Shipping companies plan to stabilize freight rates by reducing sailings and adjusting routes, while preparing for the year-end festival demand in Europe and the United States. Although the sluggish cargo volume has led to weak momentum for a rebound in freight rates, as inventory is digested and the effect of reduced sailings becomes apparent, the market is expected to see a slight recovery in September.