Lunar New Year awakens transpacific rates

The Asia-United States market starts 2026 with a signal that many were waiting for: the return of a readable seasonality. According to the latest indicators published by Xeneta, spot rates have reportedly rebounded significantly on the transpacific, driven by the anticipation of shipments before the closures related to the Lunar New Year. This increase, deemed “healthy” by several analysts, comes after a year marked by repeated disruptions on maritime routes and commercial uncertainties.
In detail, the spot levels observed at the beginning of January show a notable differential between the West and East American coasts, while the proposed capacity evolves in a contrasting manner depending on the facades. Some players, however, insist on a key point: even if the supply seems to slightly increase in the short term, the “planned” capacity on direct Far East–North America services would remain lower than last year, which could support prices if demand accelerates.
In parallel, volume statistics indicate flows that are still being reshaped: decline of Chinese shipments to the United States, rise of Southeast Asia, and increasing trade-offs made by shippers in response to risks and costs. The message for logisticians is clear: monitor spot variations, but compare them to long-term trends before locking in contracts.
The post Lunar New Year awakens transpacific rates appeared first on The Logistic News.
Share this post
Related
Posts
European Cargo to launch China–Teesside freighter services
European Cargo has announced plans to launch five weekly freighter services between China and Teesside International Airport while establishing a...
Kuehne+Nagel retains top airfreight ranking despite DSV–Schenker deal
Kuehne+Nagel (K+N) has maintained its position as the world’s largest airfreight forwarder by volume, despite DSV’s acquisition of DB Schenker...
Air cargo tackles backlogs as Middle East capacity crunch deepens
Air cargo operators continue to grapple with the fallout from escalating Middle East conflict, as airspace closures, route suspensions and...
Global energy crisis looms as Arabian Gulf exports halt
Qatar has halted LNG production at Ras Laffan, one of the world’s largest liquefied natural gas production and export terminals,...