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US shippers are rushing to restock and frontload inventories in the wake of the 90-day reduction in tariffs, and there are already signs of queues building back to China that could cause another period of chaos along the critical trans-Pacific trade route. This number falls back to down to two in July as capacity is injected back in.
The state of ocean freight continues to evolve in the wake of peak season, approaching holiday shipping deadlines , and ongoing disruptions. The Freightos Baltic Index has slipped slightly to $9,351 per container as of this writing, but looking at the bigger picture over time raises even more concern.
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