In 2026 year 9 month, global container shipping rates diverged, with US routes continuing to rise.

As of 2026/9/16, the global container shipping market showed a clear divergence between hot and cold trade routes. The Shanghai Containerized Freight Index (SCFI) has risen for 7 consecutive weeks, though performance varied significantly across different routes.

I. Overview of Freight Rates by Route

West Coast US Route (China → West Coast US)

40-foot container freight rates are approximately 7,000–8,000 USD. Cabin space is tightening, schedules are unstable, leading to roll-overs and delays of up to nearly two weeks.

US East Coast Route

40-ft container rates have firmly held above 10,000 USD, showing clear peak season characteristics.

Europe / Mediterranean Route

Demand remains weak, causing freight rates to dip slightly—a sharp contrast to the U.S. route.

Middle East Routes

Freight rates increased by more than 50%. Due to geopolitical risks in the Strait of Bab el-Mandeb, carriers have rerouted vessels, causing tight capacity. For some low-value cargo, freight costs are approaching the goods' value; for example, a 40-foot container from Shanghai to Dammam has exceeded 10,000 USD.

Southeast Asia Routes

Pre-holiday restocking demand is driving up freight rates.

II. Key Bottleneck Factors

1. Panama Canal drought continues to restrict traffic

High tolls squeeze effective capacity, with particularly significant impacts on the US East Coast route.

2. Red Sea security risks

Risks in the Red Sea persist, forcing carriers to reroute around the Cape of Good Hope, increasing fuel and transit costs.

3. Domestic typhoon disturbance

Recent typhoons in China have reduced the reliability of port schedules.

3. Company Updates

ZIM issues schedule adjustment notice: Some ZSL services will no longer call at Shanghai and Gao Mei ports. Shippers must verify schedules in advance to avoid missed shipments.

A container fell overboard at the Port of Los Angeles, USA, on 9 14, and safety risks associated with loading and unloading operations continue to draw industry attention.

IV. Market Outlook

Peak season demand for the U.S. route is expected to continue through mid-10. Shippers should book cargo space early and allow ample buffer time for vessel schedules. For Middle East shipments, closely monitor geopolitical developments and assess risks related to detour surcharges and delays.

FortunaLink International Logistics will continuously monitor market trends to provide timely freight rates and space guarantee solutions for customers.