28/05/2026
Due to the potential Section 301 tariff adjustment after 24-Jul, many US importers are rushing cargo to arrive before the deadline, especially for shipments from China to the US. As a result, export demand from China has increased significantly, and carriers are shifting more vessel allocation back to China.
Therefore, the space situation from Asia to USWC is becoming tighter. The market may face higher freight rates, equipment shortages, and possible rolling in the coming weeks, which has led to the significant rate increase in June.