Carriers cut capacity post-Golden Week, but demand remains weak.
Overcapacity risk grows with a 10M TEU orderbook; margins at 18-month lows.
Regional Outlook
Northeast Asia: Strong AI/high-tech exports; tight space to SE Asia.
Southeast Asia & India: Holiday peaks, e-commerce growth, and La Niña risks tighten space.
Australia/North America/Europe: Stable capacity in Australia; seafood and retail peaks in North America; Europe faces drone risks and weak Trans-Atlantic trade.
There’s a lot more happening in the global freight market. Find out more in our monthly update.
