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Liner freight rates remained firm over the past week with gains across most of the major east-west trades. The transpacific market once again led the advance, with FBX01 (China/East Asia – US West Coast) rising by $410 week-on-week to $7,422.

Strength was also evident on the US East Coast route where FBX03 gained $288 to finish the week at $9,432. Both routes continue to trade at historically elevated levels as carriers seek to maintain pricing discipline heading into the latter part of the third quarter.

Asia-Europe markets also strengthened, although to a lesser extent. FBX11 (China/East Asia – North Europe) increased by $164 to $5,140, suggesting that carriers have largely stabilised rates following the volatility experienced earlier in the summer.

The Mediterranean trade was the only major route to post a decline, with FBX13 slipping by $19 to $5,775, although the move was marginal and leaves the route broadly stable week-on-week.

Broader market sentiment remains positive following strong second-quarter earnings from Maersk and upgraded full-year guidance, reflecting continued cargo demand and resilient freight markets.

While carriers continue to benefit from elevated rate levels, attention remains focused on the outlook for global trade demand, infrastructure constraints and geopolitical developments, all of which could influence freight pricing and market direction during the remainder of the year.