
India–US East Coast Spot Rates Retreat Fast as Carriers Chase Cargo
Spot rates on the India–US East Coast lane have fallen by up to about $3,000 per FEU in the past two to three weeks, with carriers reporting a marked slowdown in bookings.
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Spot rates on the India–US East Coast lane have fallen by up to about $3,000 per FEU in the past two to three weeks, with carriers reporting a marked slowdown in bookings.
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Container lines are cutting spot rates and surcharges on India westbound routes as volume growth slows, with Hapag-Lloyd reducing its cancellation fee for Indian customers to $100 per container.
Read MoreHuaqiutong specializes in China–US cross-border logistics, offering integrated Ocean + Parcel, Ocean + Truck, overseas warehousing, FBA first-mile, and last-mile delivery services.