Summary
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Xeneta's 3 July update shows offered capacity from the Far East to the US West Coast reached an all-time high, with spot rates up 14% week-on-week to USD 6,639 per FEU — about +253% versus late-February pre-crisis levels. Shippers are frontloading ahead of expected July bunker adjustments and Middle East disruption, stretching booking lead times to 4–6 weeks.