Spot rates on the transpacific lane declined after China's Golden Week, with Shanghai-Los Angeles down 3% and Shanghai-New York down 2%, while carriers plan FAK rate hikes in late October.
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China's Golden Week holiday may keep transpacific ocean rates stable rather than lower them, as weather-related disruptions continue to keep freight costs elevated, according to Freightos.
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.
