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Loadstar: Transpacific spots stabilize near highs; Oct 1 GRI $2–3k; reliability slips

The Loadstar (25 Sep 2026) reports Asia–US box spots finally paused after a late peak-season rally: Drewry WCI Shanghai–New York was $10,373/FEU (marginal week-on-week decline after breaching $10,000 last week), while Shanghai–Los Angeles rose 2% to $7,838/FEU. Forwarder Freight Right says carriers are increasingly rolling or canceling confirmed slots amid vessel bunching and volatile ETAs. A further round of general rate increases of about $2,000–$3,000 per 40ft is due 1 October. Asia–Europe ke

On 25 September 2026, The Loadstar reported that with the last sailings before China’s Golden Week (1 October) approaching, container spot rates on the transpacific trades finally began to tail off after rising consistently since late August.

Drewry’s World Container Index showed Shanghai–New York at $10,373 per 40ft—a very marginal decline after last week’s breach of $10,000—while Shanghai–Los Angeles rose 2% to $7,838 per 40ft, a slower gain than over the past month.

US West Coast forwarder Freight Right said carriers are increasingly rolling bookings or canceling confirmed slots, citing vessel space and weight limits, and that bunched arrivals are disrupting hinterland distribution. It described vessel schedules as highly volatile, with ships arriving three to four days early or several days late.

Although Drewry expects transpacific rates to ease next week, Freight Right warned spots may firm again in the final days before Golden Week as carriers prioritise higher-paying cargo. Separately, a further round of general rate increases of about $2,000–$3,000 per 40ft is due on 1 October.

Asia–Europe continued its decline since early July: Shanghai–Rotterdam fell 4% to $3,485/FEU and Shanghai–Genoa 5% to $3,835/FEU. Drewry said recovering Suez capacity outweighs blank sailings (seven scheduled next week versus three this week). On the transatlantic, Rotterdam–New York remained elevated at $3,121/FEU (+72% year on year); Speed Global Logistics’ Steffen Manz called Q4 a “classic supply-demand mismatch” as Canadian importers pivot toward Europe while carriers blank capacity.

Source: The Loadstar

Topics

  • transpacific
  • freight-rates
  • drewry
  • gri
  • golden-week
  • schedule-reliability
  • china
  • logistics
  • sourcing
  • procurement

Xinhua: 140th Canton Fair opens in Guangzhou; Premier Li Qiang keynotes opening up; 30,000+ exhibitors, ~340,000 overseas buyers

Xinhua (14 Oct 2026, Guangzhou) reports that Chinese Premier Li Qiang delivered a keynote at the opening ceremony of the 140th China Import and Export Fair (Canton Fair). He said China will keep expanding high-standard opening up and will import more high-quality, high-value-added products. This edition gathers more than 30,000 exhibiting companies and about 340,000 overseas buyers. Phase 1 runs 15-19 Oct in Guangzhou, with later phases through 4 Nov.

GACC via NBD: China September exports $447.18bn (+36.3% YoY); imports $313.65bn (+31%); Jan-Sep exports +21.3%

National Business Daily (14 Oct 2026), citing General Administration of Customs (GACC) data, reports that in US-dollar terms China's September 2026 exports were USD 447.18 billion, up 36.3% year on year, and imports were USD 313.65 billion, up 31%. For January to September, exports totaled USD 3,370.7 billion (+21.3%) and imports USD 2,432.58 billion (+27.5%). The same day's SCIO/GACC briefing (China News) put September trade in yuan at RMB 5.16 trillion (+27.5%), the first month above RMB 5 tri

China News: Ningbo-Zhoushan rail-sea intermodal tops 1.6m TEU in Q1-Q3 (+8.5%); September sets monthly record

China News Service (14 Oct 2026, Ningbo), citing Zhejiang Seaport Group, reports that Ningbo-Zhoushan Port handled more than 1.6 million TEU of rail-sea intermodal cargo in the first three quarters of 2026, up 8.5% year on year. September alone exceeded 200,000 TEU, a monthly record. New products include a Middle East rail-sea train from Yiwu, domestic water-rail 'one-document' links, a Yiwu-Qinzhou domestic train, and an Aksu export train with Xinjiang 'one box to the end' export mode.

People's Daily/Jiefang Daily: Shanghai Port hits monthly record 5.135m TEU in September (+6.2%)

People's Daily Shanghai (13 Oct 2026), citing Jiefang Daily, reports Shanghai Port handled 5.135 million TEU in September 2026, up 6.2% year on year and a new monthly record. Mingdong Terminal set its own round-the-clock record at 30,056 TEU in a day. After typhoons Bavi, Dolphin and Sadr, SIPG said it cleared backlog ships with customs, maritime and border support, tightened export gate-in and transshipment flows, and cut non-working waits. Over National Day Golden Week the port handled 1.15 mi

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