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transpacific shipping overcapacity

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2025
DATE
07 - 15
Shipping Rates Plummet to Cost Levels Despite High Season
Despite peak season, US West Coast rates crashed to $1,700/FEU (below cost), down 63% from June highs. Overcapacity (10.3% supply vs. 2% demand growth) and tariff uncertainty drive carriers back to Europe, further depressing rates.
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