News

Ocean rates highest in a year amid US-China trade truce

2026-09-30 ·FreightWaves ·Views 95

Trans-Pacific trade armistice temporarily easing uncertainty for carriers and importers as rates hit yearly highs.

What it means for the market

Rising transpacific ocean rates feed straight into the cost base for Korea-origin outbound e-commerce and Sea & Air transshipment. When ocean space gets expensive, transshipment volume through Incheon and air conversion demand rise together, making airport handling capacity and secured air space the real constraint. Shippers with US-bound volume should review rates monthly rather than quarterly and lock in peak-season space early. Quote ocean and Sea & Air side by side so you know where the breakeven sits for each lane.

This section is written by AI from the article above and is not the company's official position. Clearance and tax outcomes differ from shipment to shipment - please confirm with your contact before acting on it.

Source · FreightWaves

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