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International Shipping
Retail optimism lifts transpac rates
Date:2026-01-23 Readers:

Container rates on the eastbound transpacific have strengthened as US retailers show signs of restocking, reports American Shipper.


Spot Asia-US West Coast rates rose five per cent to US$2,757 per FEU, while Asia-US East Coast prices increased seven per cent to $4,033, according to Freightos.

Analyst Judah Levine said the rate increases came earlier than usual for the pre-Lunar New Year period but matched National Retail Federation projections. The NRF forecast January volumes six per cent higher than December, the first monthly rise since July.

Volumes remain five per cent below last January, with deficits expected through April amid economic uncertainty. However, the NRF's latest report projects stronger 2026 volumes than previously forecast.

Asia-Northern Europe rates fell one per cent to $2,978 per FEU, while Asia-Mediterranean prices held steady at $4,851.

Rates have reached levels last seen during the 2025 peak season, supported by early seasonal demand and added carrier capacity. Some carriers announced mid-month GRIs targeting $4,000 per FEU for Europe and more than $5,500 for Mediterranean routes.

Harsh weather in Europe has disrupted services at key ports, which analysts said could push rates higher.

https://www.shippingazette.com/news?news_id=9260100000586

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