Carriers plan Asia-ECSA rate hikes as service changes loom

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Carriers intend to raise rates on the Asia-East Coast South America trade in the coming weeks, but forwarders and analysts doubt the hikes will hold. Rates have been sliding from a two-year peak reached in early September.

Why it matters：Whether these increases stick will signal how much pricing power carriers retain on emerging-market lanes as new services add capacity, a key question for global container shipping economics.

Key points

  • Rate increases are due to take effect in the next few weeks.
  • Rates have slid from a two-year peak hit in early September.
  • Forwarders and analysts are skeptical the hikes will hold.

Sources (original reporting)

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