Expeditors Says US Port Fees Could Tighten Ocean Capacity, Lift Freight Rates

28. Oct 2026

Description

(AWP Alliance News) - Ocean freight rates could rise if Section 301 port fees prompt Chinese carriers to reduce U.S. services, tightening available capacity. The fees remain suspended until January 9 while U.S.-China negotiations continue. Estimated additional costs range from USD 120 to USD 470 per container, potentially affecting service competitiveness ahead of Lunar New Year on February 6. Carriers have shifted Chinese-built vessels out of U.S. trades to limit exposure to the charges. The pause could temporarily free some vessels to clear Asian backlogs, though further fleet reallocations are expected as the deadline approaches.

https://www.publicnow.com/view/0A307249BA246D1B18B008DC5A27147BCC7BCCB4…

Disclaimer: This news brief was created using generative artificial intelligence. Expeditors International of Washington Inc. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.