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10/12Mon
  1. AMZ123 Cross-Border Headlines68

    Ocean freight rates on U.S. routes rise after the National Day holiday, while rates on multiple routes show divergent trends

    After the National Day holiday, spot ocean freight rates on U.S. West Coast and U.S. East Coast routes rose, African routes continued their upward trend, Mediterranean and Latin American routes signaled possible rate adjustments, and Southeast Asian routes showed divergent trends. The article attributed the U.S. rate increases to a post-holiday recovery in cargo volumes, along with capacity controls, service reductions, and blank sailings by shipping companies, and relayed industry expectations that rates would remain high in mid-to-late October. Booking advice included requesting quotes and securing space in advance, and verifying actual space availability, sailing schedules, and quote validity periods.