Supply Chain Secrets

West Coast Rates Entangle East Coast: What That Signal Means

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0:00 | 21:00

Transpacific spot rates are skyrocketing while Asia-North Europe tells a completely different story, and the Strait of Hormuz remains closed to most container traffic after a week of missile exchanges between Iran and the US.

In this episode, Lars Jensen and Caroline Weaver cover:

  • Why Asia-US West Coast spot rates are approaching East Coast levels and what that historically signals about market instability
  • What the $1,600 gap between current Pacific spot rates and July futures is telling the market
  • The latest in the Hormuz crisis, including the attack on the Ever Lovely and what the "evacuation" language from IMO actually means for container shipping
  • Port connectivity winners and losers: how Khor Fakkan, Fujairah, and Sharjah are absorbing volume while Gulf ports go dark
  • Tariff uncertainty heading into July 24, when Section 122 tariffs expire with no clear successor

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