In Week 32 of 2025, global container freight rates experienced a significant decline, with the Baltic Exchange Freight Index (FBX) falling by $213, or 9% week-on-week, reports Baltic Exchange.
This marks a sharp reversal in pricing momentum across all major east-west trade lanes.
Route-by-Route Breakdown
China/East Asia to US West Coast (FBX01)
Rates dropped by $428, settling at $1,941 per FEU. This lane saw the steepest weekly fall, reflecting reduced demand and competitive pricing pressure.
China/East Asia to US East Coast (FBX03)
A decline of $200 brought rates to $3,505 per FEU, continuing a downward trend for transpacific eastbound services.
China/East Asia to North Europe (FBX11)
Rates fell by $239, ending the week at $3,218 per FEU. Weaker European demand and increased vessel availability contributed to the drop.
China/East Asia to Mediterranean (FBX13)
A more modest decline of $80 left rates at $3,126 per FEU, though still down on the month.
Market Sentiment and Operator Response
The container market remains cautious amid global economic uncertainty and trade policy concerns. In particular, developments surrounding US–China trade relations are creating a wait-and-see approach among shippers and carriers alike.
In response to the downturn, liner operators are actively blanking sailings to tighten capacity and stabilize rates. These measures have helped moderate the pace of decline, although pricing remains under pressure across most routes.
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Source: Baltic Exchange
