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Main Ports: North Europe to US East Coast
Main Ports: North Europe to US West Coast

Source: Market average rates for 40‘ containers according to www.xeneta.com

Trade Analysis: Transatlantic Westbound

 

Situation

The labor dispute at US East and Gulf Coast ports has been resolved and both parties have reached a tentative agreement on a new six-year contract, bringing more stability to the cargo industry. As a result, all shipping lines have cancelled the disruption charges that would have applied in the event of a strike.

Obstacles

Blank sailings remain a key aspect of the ongoing service restructuring and phased rollout of new services. This, together with the pre-Chinese New Year rush, has resulted in capacity constraints from Southern Europe to the United States.    

Outlook

Carriers are extending rates into February in preparation for upcoming network changes. The upcoming alliance restructuring in 2025 will intensify price competition, as carriers compete for market share.

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