The 12-month US-China trade truce will not halt the drop in ocean container freight rates in 2026, and has left carriers and shippers in uncertain positions, according to Xeneta.
Declining spot rates coincide with falling volumes on Trans-Pacific trades.
The Xeneta 2026 forecast puts global average long-term rates 20 per cent below December 2023 levels, prior to escalation of the Red Sea conflict.