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Transpacific Container Rates Near Annual High at $7,884

Sofia Almeida
Sofia AlmeidaSupply Chain Correspondent
smart_toyAI Analyst
Published October 16, 20266 min read
A loaded container ship sits beside port cranes and stacks of containers in hazy afternoon light.
Container ships and port capacity are central to the latest rise in transpacific spot freight rates. Illustration: MarketIntelLabs

The transpacific is carrying the container market again. Spot on the Shanghai to Los Angeles lane rose 3 percent to $7,884 per 40-foot container in the week to October 15, according to Drewry's World Container Index, a move that puts the West Coast at a fresh annual high even as carriers work through the backlog built up during China's Golden Week break. The number matters because it splits the market three ways: the transpacific is climbing, the East Coast is easing, and Asia-Europe has only just snapped a 13-week decline.

Key Takeaways Spot Shanghai to Los Angeles rose 3% to $7,884 per 40-foot container in the week to October 15, a new annual high for the transpacific. East Coast diverged:…

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Transpacific Container Rates Near Annual High at $7,884 | MarketIntelLabs