Global Container Freight Rates Rebound as Carriers Push Up U.S. Trade Lanes

After eleven consecutive weeks of decline, global container shipping rates are showing signs of recovery. According to the latest Shanghai Containerized Freight Index (SCFI), the index rose 29.7 points to 1,445.06, marking a 2.1% weekly increase and ending the long downward trend.

The rebound is largely driven by shipping lines implementing blank sailings (canceled voyages) to tighten capacity and support rate hikes.

U.S. Routes Lead the Recovery

• U.S. West Coast: Rates jumped 16.97% per 40-foot container (FEU).
• U.S. East Coast: Rates increased 9.68% per FEU.

Europe and Mediterranean Routes Still Under Pressure

• Europe: Fell 11.21% per 20-foot container (TEU).
• Mediterranean: Down 3.59% per TEU.

Market Outlook

Industry insiders have revealed that multiple carriers have already announced General Rate Increases (GRIs) effective September 1st, with rates expected to rise by around USD 750 per FEU in the first half of the month. The SCFI appears to be reflecting this upcoming adjustment in advance.

For shippers, this signals a potential turning point in the freight market. After weeks of price declines, carriers’ capacity management is beginning to stabilize and lift rates—particularly on the China–U.S. trade lanes.

What This Means for Businesses

If your cargo is headed to the U.S., it may be wise to plan shipments early and secure space ahead of time to avoid higher costs as the market firms up in September.

Looking for reliable China–U.S. sea or air freight solutions?

Our team specializes in ocean freight, air freight, customs clearance, and last-mile delivery across the U.S.. Get in touch with us today for a tailored shipping quote and stay ahead of upcoming rate increases.