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Freightos: Ocean Rates Jump Again as Carriers Push Early-June Increases

By ANKPOST Research · 2026-06-12

Freightos reported on June 12, 2026 that June 1 GRIs and peak-season surcharges had pushed transpacific spot prices sharply higher, with Asia-US West Coast rates climbing to $4,800/FEU and East Coast rates reaching $6,300/FEU.

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How sharp was the move?

This was not a marginal tick higher. Freightos described West Coast pricing as up by $1,600/FEU, or more than 50%, in a single weekly move. East Coast prices rose by about $1,300/FEU, or 25%, which was enough to put the lane back into clear peak-season territory very early in June.

Lane Latest level Weekly change
Asia-US West Coast $4,800/FEU +$1,600, more than 50%
Asia-US East Coast $6,300/FEU +$1,300, about 25%
Main trigger June 1 GRI/PSS Carrier increases stuck in the market
Timing Early June Earlier than many importers expected

Why were carriers able to hold this increase?

Freightos tied the move to a mix of early demand, looming bunker-related pressure, and longer lead times caused by Red Sea diversions and congestion at major hubs. That combination matters because it gives carriers both a pricing narrative and an operational explanation at the same time.

Does this suggest June was the real peak?

Freightos also pointed to NRF demand expectations implying that June could end up being the demand peak. For importers, that means the market was potentially front-loading its pain: stronger pricing earlier, but with a risk that July increases would be harder to extend if demand cooled after the June rush.

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