Trade Analysis: Transatlantic
Situation
There have been no significant changes on this trade lane, with demand to North America declining slightly, while demand to Latin America has shown a modest increase. These developments are prompting small adjustments to freight rates in line with overall capacity utilization.
Obstacles
Although blank sailings have been announced for the Christmas season, they should not cause major disruption at the start of the New Year. However, the situation needs to be monitored closely.
Outlook
No significant changes are expected in the coming weeks. The positive trend in Latin American trade is expected to continue, while trade with North America is expected to remain at current levels.
Main Ports: North Europe to US East Coast
Source: Market average rates for 40‘ containers according to www.xeneta.com
Main Ports: North Europe to US West Coast