- Market average spot rates – 13 November 2025:
- Far East to US West Coast: USD 2459 per FEU (40ft container)
- Far East to US East Coast: USD 3042 per FEU
- Far East to North Europe: USD 2258 per FEU
- Far East to Mediterranean: USD 2840 per FEU
- North Europe to US East Coast: USD 1570 per FEU
- Offered capacity (4 week rolling average) – 10-16 November 2025:
- Far East to US West Coast: +9.2% from a week ago / +5.0% from one month ago
- Far East to US East Coast: +0.4% from a week ago / -2.1% from one month ago
- Far East to North Europe: +5.1% from a week ago / +0.3% from one month ago
- Far East to Mediterranean: +8.9% from a week ago / +8.0% from one month ago
- North Europe to US East Coast: +21.3% from a week ago / +16.2% from one month ago
Following consistently declining capacity on the Far East to North Europe trade since September, offered capacity rose 5.1% from a week ago in the week commencing 10 November.
Across the five main haul trade lanes, carriers offered more capacity this week, than they did a week ago. Ranging from +0.4% from Far East into the US East Coast to +9.2% into the US West Coast.
On the North Europe to US East Coast trade, capacity that was supposed to be introduced last week got delayed – so the increase for this week will be 19.8% after a rise of 9.2% last week.
Average spot rates on all main fronthauls out of the Far East decreased in the past week following the initial uptick in the beginning of November, with only the Transatlantic inching upwards.
The highest week-on-week decrease in average spot rates is into the US. Rates are down 8.8% into the US West Coast and down 4.3% into the US East Coast.
The spread in spot rates between the Far East to US West Coast and Far East to US East Coast has narrowed significantly, reaching a one-year-low at USD 473 per FEU on 5 November. Although the spread has risen to USD 583 since then, it remains significantly below the level observed a year ago. The decline in spread is mostly influenced by the more severe drop of rates into the East Coast than the West Coast.
Spot rates to the US East Coast are back at similar levels to the end of October. The drop into the US West Coast was not as severe and is up 13.9% in comparison to the end of October. The higher exposure of the US West Coast trade to US-China geopolitical developments is behind this.
From a week ago, average spot rates into Europe slightly decreased, down 1.8% to the Mediterranean and down 1.5% to North Europe.
On the Transatlantic, rates are moving sideways, up 1.1% from last week.
Source: Xeneta