
Hormuz Conflict Drives Container Spot Rates Up
Rising spot rates in container traffic on Asia-Europe and Trans-Pacific routes. The Hormuz conflict extends lead times and widens the gap between spot and contract rates.
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Rising spot rates in container traffic on Asia-Europe and Trans-Pacific routes. The Hormuz conflict extends lead times and widens the gap between spot and contract rates.

General strike in Belgium on March 12, 2026, partially halts operations at the Port of Antwerp. Terminals are already reporting a shutdown of vessel traffic on the Scheldt.

US Trucking March 2026. Nearly 50 percent of flatbed requests are being declined. 20,000 fleets are missing from the market. Contract rates are rising for the first time in four years.

The port of Chittagong is extending terminal hours by four hours and implementing RFID tracking at the ICD Dhaka. The goal is to achieve greater transparency and increased throughput.

Analyses expect fleet growth of up to 6 percent by 2026 with only a 2.6 percent increase in demand. Oversupply is depressing spot rates and impacting carrier margins.

Brazil announces billion-dollar modernization package for the Port of Santos. Multi-year expansion phase, increased capacity, and focus on private investors.