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Ocean Freight

June Ocean Freight Rate Trends: U.S. Routes Soften, Europe and Southeast Asia Rise

Source: BRF Logistics · 2026-06-30
Summary

BRF Logistics' June 2026 market outlook notes diverging regional ocean freight trends: U.S.-bound routes are beginning to soften in the second half of June due to oversupply and slower retail demand, while rates to Europe, Southeast Asia and Australia are climbing on seasonal demand and peak-season pressure. Europe-bound cargo is being further supported by Red Sea rerouting around the Cape of Good Hope and rising PSS, while Southeast Asian intra-Asia demand remains strong on manufacturing diversification. Shippers are advised to book early before Q3 capacity tightens further.

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