Rate boost to be short-lived: Analysis

Container market analysts have said that the tariff and other regulatory drag imposed by Washington will mean this week’s incremental rate increase cannot last without a change in direction.

The US government’s tariff indecision has left trade prospects for this year hanging in the balance. Major tariffs this week were paused for 90 days, but analysts had expected that falling demand would result in a continuation of the recent trend that has seen rates fall by around 50% this year.