- A sharp rise in transpacific bookings was recorded as shippers rushed to capitalize on the temporary pause in US-China tariffs.
- FBX01 spot rates (China/East Asia – US West Coast) surged, with some sources reporting a 300% week-on-week increase in bookings.
- Eastbound Asia–US and Asia–Europe lanes saw modest to notable rate gains, while backhaul trades held steady or softened.
As the second week of the temporary tariff suspension between China and the USA nears its close, transpacific shipping activity has surged dramatically. According to industry sources, bookings on the FBX01 (China/East Asia – USA West Coast) route rose by an estimated 300% week-on-week, as shippers scramble to move goods into the U.S. while the reduced tariff window remains in effect.
Liner operators, many of whom had curtailed sailings due to tariff uncertainty, are now benefiting from this unexpected rebound in cargo volumes.
Weekly Rate Movements (per FEU)
- FBX01 (China/East Asia – US West Coast): Rose $307 to $2,716, buoyed by the booking surge.
- FBX02 (US West Coast – China/East Asia): Remained mostly stable, ending the week at $430.
- FBX03 (China/East Asia – US East Coast): Increased $190 over the week, reaching $3,974.
Asia–Europe and Mediterranean Trade Lanes
Asia–Europe routes posted moderate gains, suggesting improved demand or reduced capacity, while backhaul and Mediterranean flows remained stable or saw minor easing.
Weekly Rate Movements (per FEU)
- FBX11 (China/East Asia – North Europe): Gained $71, ending at $2,649.
- FBX12 (North Europe – China/East Asia): Declined slightly to $381.
- FBX13 (China/East Asia – Mediterranean): Held firm at $2,989.
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Source: Baltic Exchange
