Xeneta reports China-US West Coast rates plummeted 59% since June to $2,268/FEU as post-tariff frontloading fades, with carriers struggling to curb declines despite capacity cuts.
SCFI drops 3.3% to 1592.59, marking 7-week decline as US-China tariff fears and weak demand pressure rates, with carriers canceling 175K TEU capacity to stem losses.
Hamburg Port Authority will close key rail routes in August & October 2025 for bridge construction, disrupting 100% of rail links to CTH/Eurogate and CTB terminals. Parallel shutdowns on Berlin-Northern Ports routes until April 2026 will compound delays.
Israel will permanently shut down its Red Sea port of Eilat on July 20, 2025, following Houthi attacks and financial collapse. The closure eliminates a key Suez Canal alternative for Israeli trade.
Hapag-Lloyd (HPL) will apply a $300/TEU Peak Season Surcharge (PSS) from Far East, Indian Subcontinent & Middle East to Australia, effective August 1, 2025, amid rising demand and capacity constraints.
MSC modifies Swan, Britannia, and Lion routes to bypass Antwerp congestion, adding Felixstowe and Colombo calls while adjusting China port rotations. Changes follow April's rate hikes and worsening Red Sea delays.
Pacific International Lines (PIL) launches CA1 and CA2 feeder routes to enhance connectivity between Central America and its existing WCSA mainline, serving Nicaragua, Costa Rica, and El Salvador.
Piracy incidents in the Singapore Strait surged 309% YoY in Q2 2025, with 45 reported boardings ¨C primarily targeting bulk carriers (58%) and now container ships (8 cases in 2025). Analysts blame weak Indonesian enforcement in overlapping waters.
The Port of LA handled 892,340 TEUs in June (+7.8% YoY), its busiest June in 117 years, as importers raced to beat Trump¡¯s August 1 tariffs. Analysts warn of a sharp drop in shipments thereafter, with 30% EU/Mexico tariffs set to further disrupt trade.
The Port of LA handled 892,340 TEUs in June ¨C a 32% monthly surge and 8% YoY growth ¨C as shippers raced to beat Trump's impending tariffs. Analysts warn of a Q3 slowdown post-August 1 tariff deadlines.
