{"id":13305,"date":"2026-01-29T15:55:47","date_gmt":"2026-01-29T19:55:47","guid":{"rendered":"https:\/\/iamovers.org\/?post_type=news&#038;p=13305"},"modified":"2026-02-16T20:14:36","modified_gmt":"2026-02-17T00:14:36","slug":"carriers-abandon-rate-increases","status":"publish","type":"news","link":"https:\/\/iamovers.org\/news\/carriers-abandon-rate-increases\/","title":{"rendered":"Carriers Abandon Rate Increases"},"content":{"rendered":"\n<p><em>\u201cSpot\u201d freight rates on Asia-Northern Europe lanes have continued to fall as&nbsp;continued uncertainty in international markets force&nbsp;container lines to delay February rate increases.<\/em><\/p>\n\n\n\n<p>Seatrade Maritime reported that despite an American military build-up in the Arabian Gulf, weak demand is\u00a0causing\u00a0spot rates\u00a0to\u00a0tumble. Rising tensions in the Middle East will not be enough to prevent the fall in rates, said maritime consultancy,\u00a0Linerlytica, who believe\u00a0that rates are expected to remain weak even after the Chinese\u00a0New Year.\u00a0Linerlytica highlighted that both the Premier Alliance and OCEAN Alliance are planning to add more capacity on their transpacific networks from April 2026\u00a0despite the uncertain demand outlook.<\/p>\n\n\n\n<p>\u201cThe benchmark April 2026 EC freight futures is trading at a 35% discount to the latest SCFIS index from Shanghai to North Europe even&nbsp;after last week\u2019s futures market rally with&nbsp;freight rates expected to remain below current levels for the rest of this year,\u201d said the consultant.&nbsp;Carriers are reportedly slashing rates to fill bookings on both the Asia to Europe&nbsp;and Pacific trade lanes, reversing all the rate increases achieved in January\u2019s European services, which are now under $2,500\/FEU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cSpot\u201d freight rates on Asia-Northern Europe lanes have continued to fall as&nbsp;continued uncertainty in international markets force&nbsp;container lines to delay February rate increases. Seatrade Maritime reported that despite an American military build-up in the Arabian Gulf, weak demand is\u00a0causing\u00a0spot rates\u00a0to\u00a0tumble. Rising tensions in the Middle East will not be enough to prevent the fall in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_piecal_is_event":false,"_piecal_start_date":"","_piecal_end_date":"","_piecal_is_allday":false,"footnotes":""},"news-category":[31],"class_list":["post-13305","news","type-news","status-publish","hentry","news-category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/13305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/comments?post=13305"}],"version-history":[{"count":2,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/13305\/revisions"}],"predecessor-version":[{"id":13756,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/13305\/revisions\/13756"}],"wp:attachment":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/media?parent=13305"}],"wp:term":[{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news-category?post=13305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}