Can August Freight Rate Hikes Hold?
Rates are falling. Carriers are trying to reset the market.
The WCI has fallen for three consecutive weeks.
It now stands at $4,255 per 40ft.
That is around 8% below its mid-July peak.
Yet it remains 70% higher than last year.
At the same time, carriers are announcing new GRIs.
They are also removing more sailings.
The question is no longer whether rates have softened.
It is whether carriers can stop the decline.
Here are the three signals that matter.
1️⃣ The rally has lost momentum
2️⃣ More capacity is meeting weaker demand
3️⃣ August is the real market test
Let’s dive in…
