Shipping Rates Surge, Then Plummet: A Tale of Two Markets
Update: 2025-11-12
Description
Major shipping companies face economic uncertainty as demand for goods from Asia to the U.S. West Coast drops, causing a forty-eight percent increase in container shipping costs. Despite busiest ports on track to exceed last years record volumes, overcapacity and growing number of ships pose challenges. Carriers struggle to implement desired rate increases amid low demand, with U.S. ocean imports expected to decline further in November and December.
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