Will Freight Rates Fall in Q4?

More ships are coming. But the network is still tight.

Freight rates should be falling.

The fleet is bigger.

Peak season is fading.

And Suez is starting to reopen.

But the market is not moving in one direction.

• The WCI fell 1% last week.

• The SCFI rose 2.9%.

Panama is tightening as carriers blank sailings.

So does Q4 finally bring lower rates?

Or does the market stay tighter than expected?

Here are 5️⃣ signals behind it:

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1️⃣ Rates are already moving in different directions

The WCI fell 1% to $4,473.