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Container rates starting to spike on peak season rush – June 2, 2026 Update

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Container rates starting to spike on peak season rush – June 2, 2026 Update

Published: June 2, 2026

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Weekly highlights

Ocean rates – Freightos Baltic Index

Asia-US West Coast prices (FBX01 Weekly) increased 1%.

Asia-US East Coast prices (FBX03 Weekly) increased 4%.

Asia-N. Europe prices (FBX11 Weekly) increased 3%.

Asia-Mediterranean prices(FBX13 Weekly) increased 1%.

Air rates – Freightos Air Index

China – N. America weekly prices increased 1%.

China – N. Europe weekly prices decreased 6%.

N. Europe – N. America weekly prices decreased 2%.

Analysis

Approaching 100 days since the start of the Iran war, despite periodic reports that an agreement that would open the Strait of Hormuz is near, the sides continue to exchange fire and sanctions, and the waterway remains closed.

For the container market, the closure has primarily meant upward pressure on freight rates via carriers passing on war-elevated fuel costs, which manifested in different ways on different lanes during the low demand months of March, April and most of May this year.

But peak season demand is kicking in early on east-west lanes, with reports of contracted shippers already seeing allocations reduced and premiums applied. So spot rates that climbed moderately – about 15% – across the ex-Asia lanes through mid-May GRIs to levels around 20% higher than a year ago, are starting to spike this week.

Weekly averages for last week were about level to close out the month, with transpacific rates at about $3,200/FEU to the West Coast and $5,000/FEU to the East Coast, and Asia – Europe prices at about $3,000/FEU to N. Europe and $4,400/FEU to the Mediterranean. But June 1st GRIs and PSS introductions have daily rates spiking from $1,000/FEU to $1,800/FEU so far this week on these trades, with additional significant increases announced for mid-month across these lanes as well.

Daily rates for Asia – Europe lanes have already surpassed peak season highs from last June/July, with transpacific still about $1,000/FEU short of last year’s brief, tariff frontloading-driven rate spike in July. Pre-existing war-related congestion in some tranship hubs, as well as rail congestion in Germany could also be a factor for rate pressure or delays for the relevant trades.

In trade war developments, IEEPA refunds – totalling about half of the total $166B paid – are on the way for importers whose customs entries had not already been liquidated, or finalized, by US Customs and Border Protection. But the Trump Administration indicated last week that it may challenge refunds for liquidated entries, arguing that the CBP is unauthorized to reliquidate and refund closed out entries without importer-specific court orders instructing it to do so.

Check out our full IEEPA tariff refund explainer and update page here.

This challenge, if successful, could mean that these importers would need to sue the government in trade court in order to get these duties refunded, and even if unsuccessful could mean a longer wait for impacted importers while the legal issues get sorted out. In the meantime, some trade law experts are advising importers with liquidated entries to file protests if the window hasn’t closed yet.

The trade war has resulted in lower or flat import volumes to the US alongside trade diversions driving volume increases between other countries as global players seek closer ties and trade growth beyond the US. Asia – Europe trade for example grew significantly last year and continues on pace so far in 2026. Even so, trade tensions between China and the EU may be increasing, as the EU considers legislation to curb subsidized imports.

Part of this issue relates to e-commerce imports to EU countries, which continue to grow significantly even as they flatten to the US and are reflected in diverging freighter capacity trends on these lanes. The EU will introduce a flat 3 EUR fee for low value imports starting in July, and a 2 EUR handling fee in November.

Though not as extensive as the US de minimis cancellation, these moves are likely to reduce EU e-commerce volumes arriving by air to some extent. Parcel carriers are warning that the system is still not ready for the new reporting requirements that will accompany the fee introductions, and warn of delays at European borders if these take effect in July.

Air cargo rates were about level on most major lanes this week, though the Freightos Air Index global benchmark – which is about even with April levels – remains more than 30% higher than before the start of the Iran war and year on year as capacity reductions and elevated jet fuel prices continue to impact price levels.

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Judah Levine

Head of Research, Freightos Group

Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization.

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Supply Chain Sustainability Software Is Moving From Disclosure to Operational Decision-Making

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Executive thesis. Sustainability technology is moving from disclosure infrastructure toward operational decision support. Carbon and ESG data become strategically relevant only when they change sourcing, transportation, facility, product, or supplier decisions.

Reporting is no longer enough

Supply chain sustainability technology developed largely around measurement and disclosure: calculate emissions, collect supplier information, produce reports, and demonstrate compliance. Those functions remain necessary, but they do not by themselves reduce impact. The strategic value appears when sustainability data begins to influence sourcing, network, transportation, facility, product, and supplier decisions.

Different sustainability problems require different data

Carbon accounting, supplier ESG, product footprints, transportation emissions, traceability, and reduction planning are related but not identical capabilities. They rely on different activity data, factors, boundaries, evidence, and operating workflows. Buyers should therefore start with the decisions the business needs to support rather than assume one sustainability platform can solve every problem equally well.

Auditability determines whether the number can be trusted

A defensible metric needs more than a calculated result. The enterprise should be able to trace boundaries, source data, factor versions, allocation rules, transformations, and overrides. This is especially material as sustainability information influences external reporting, customer commitments, procurement decisions, and capital allocation.

Integration moves sustainability into operations

Sustainability systems become more consequential when they connect to procurement, ERP, TMS, facilities, products, carriers, and suppliers. Those connections allow the enterprise to compare operational alternatives before execution rather than calculate the environmental effect after the fact. The data architecture is therefore part of the sustainability strategy.

Reduction planning is the proof of value

The effective question is not how many dashboards the organization can produce. It is whether the platform helps identify and prioritize reduction levers with an understandable economic and operational impact. Better mode selection, improved utilization, supplier changes, energy decisions, product redesign, and network changes are examples of actions that turn sustainability information into operating value.

The Logistics Viewpoints Supply Chain Sustainability Software: Buyer’s Guide separates carbon accounting, supplier ESG, transportation emissions, product footprints, traceability, reduction planning, integration, and auditability so buyers can evaluate the category against real operating decisions.

Executive implication

Buyers should test whether sustainability systems can connect auditable measurement to concrete reduction levers and enterprise workflows, rather than simply produce compliant reports.

Go deeper: provides the durable buyer, architecture, and implementation reference for this topic. Sustainability & ESG connects this analysis to the broader Logistics Viewpoints research architecture.

Related Logistics Viewpoints research

Sustainability in the Supply Chain
Supply Chain & Sustainability Leadership Multimedia Suite

Go Deeper

Read the full Supply Chain Sustainability Software: Buyer’s Guide.

Explore the broader Sustainability & ESG domain for related Logistics Viewpoints research and analysis.

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Supply Chain Resilience Is Not Visibility. It Is the Ability to Execute Alternatives

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Executive thesis. Visibility tells the enterprise that disruption exists; resilience determines whether it can do something different. The distinction is the availability of executable alternatives and the decision rights to use them.

Awareness is only the first step

A supply chain can have excellent visibility into a disruption and still be unable to respond. Knowing that a supplier is offline, a lane is blocked, or a facility has lost capacity matters, but resilience depends on whether the organization has viable alternatives and the authority to use them. Visibility tells the business what changed. Resilience determines what it can do about it.

Options have to exist before the crisis

Alternate suppliers, substitute materials, qualified routes, buffer inventory, flexible capacity, secondary facilities, and manual fallback cannot usually be created at the moment of disruption. They require advance investment, qualification, contracts, data, and operating procedures. That makes resilience a network-design and operating-model discipline rather than an emergency-response activity.

Decision rights determine response speed

A viable alternative has limited value if nobody knows who can activate it or if approval requires a long chain of escalation. Resilient organizations define thresholds and decision rights in advance, especially for premium freight, inventory reallocation, supplier substitution, customer prioritization, and temporary process changes. Governance is therefore part of resilience.

Technology should connect risk to alternatives

Risk sensing, planning, network models, inventory data, transportation, supplier information, and workflow should help the organization move from a disruption signal to a set of executable responses. The technology does not create resilience by itself. It makes the available options easier to understand, compare, approve, and execute.

Exercises expose false confidence

Plans that have never been tested often depend on outdated assumptions, unavailable capacity, stale contact information, or processes that no longer match the current network. Scenario exercises and recovery tests are therefore operational evidence. They reveal whether the organization can actually use the alternatives it believes it has.

The Logistics Viewpoints Supply Chain Resilience: Technology, Data, and Operating Models guide connects risk sensing to network options, alternate supply, inventory, capacity, routes, crisis workflow, exercises, decision rights, and recovery metrics.

Executive implication

Resilience investments should build options before a crisis—alternate supply, routes, capacity, inventory, procedures, and authority—and regularly test whether those options remain executable.

Go deeper: provides the durable buyer, architecture, and implementation reference for this topic. Risk, Resilience & Security connects this analysis to the broader Logistics Viewpoints research architecture.

Related Logistics Viewpoints research

Supply Chain Risk Management Software: Buyer’s Guide

Go Deeper

Read the full Supply Chain Resilience: Technology, Data, and Operating Models.

Explore the broader Risk, Resilience & Security domain for related Logistics Viewpoints research and analysis.

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The Physical Logistics Network Is Getting an Intelligence Layer

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For most of logistics history, the physical network knew far more about itself than its information systems did. A driver knew a trailer was delayed before the planning system did. A warehouse supervisor could see congestion building at the dock while enterprise applications still showed normal status. A forklift operator knew an aisle was blocked. A container sat at a terminal while downstream systems waited for a status message. That intelligence layer builds on the distinction in Decision Intelligence in 2026 between producing analytical insight and materially improving a consequential operating decision.

That gap between physical reality and digital representation has been one of the defining constraints of logistics management.

It is beginning to narrow.

Physical Assets Are Becoming Observable

Trucks, trailers, containers, forklifts, robots, conveyors, dock doors, pallets, and facilities increasingly generate digital signals. Telematics provides vehicle state and location. RFID and other identification technologies help track goods and assets. Cameras and computer vision can interpret physical activity. Sensors monitor temperature, vibration, equipment condition, and environmental state. Geofencing turns movement into events.

The result is not a literal “internet” of every physical object. It is something operationally more important: a growing ability for software to understand the state of the logistics network without waiting for manual reporting.

Events Become Digital State

An isolated sensor reading has limited value. The architectural change occurs when events are associated with persistent business entities.

This trailer is at this yard. This container contains these orders. This dock is occupied. This robot is unavailable. This shipment is expected to reach this facility at this time. This pallet is associated with this customer commitment.

Identity turns telemetry into context. That is why master data and entity resolution matter so much. If systems cannot reliably determine that two identifiers refer to the same trailer, shipment, location, or product, the digital picture fragments.

Computer Vision Expands What Can Be Measured

Some important logistics states have historically been difficult to capture because they are visual rather than transactional.

Is a dock occupied? Is a trailer damaged? Is freight staged in the wrong location? Is a safety zone blocked? Is a pallet configured correctly? Is a yard lane congested?

Computer vision can convert selected physical observations into structured events. That does not eliminate the need for people, but it expands the range of operating conditions that software can monitor.

Warehouses Become Instrumented Environments

Automated warehouses already produce large volumes of machine data. Robots report status. Conveyors generate events. AS/RS equipment records movement. WMS and WES systems track tasks and inventory transitions.

As those signals become more integrated, the facility can be represented with increasing fidelity. That enables earlier detection of bottlenecks, more dynamic work allocation, predictive maintenance, and better simulation of how changes will affect throughput.

Transportation Becomes a Moving Sensor Network

Transportation is more difficult because assets operate across public infrastructure, carrier networks, and multiple ownership boundaries. Even so, connected vehicles, mobile devices, telematics, ELD-related data, carrier APIs, and location services have dramatically improved the ability to observe movement.

The strategic value is not simply knowing where a truck is. It is connecting that state to orders, appointments, inventory, customer commitments, and downstream resources.

Digital Twins Become More Practical

The phrase “digital twin” is sometimes used too loosely. A useful logistics twin is not merely a visualization. It is a sufficiently current digital representation of a physical system that can support analysis, simulation, or control. The richer the operating state, the more useful that representation becomes.

A warehouse twin can test flow changes. A transportation-network model can evaluate disruption scenarios. A yard representation can help coordinate trailer movement. A broader logistics twin can explore how a constraint in one node propagates to others. The value comes from decision support, not graphical sophistication.

Observability Creates New Failure Modes

More connected logistics also creates new dependencies.

Sensors can fail. Data can be delayed. Identifiers can be wrong. Connectivity can disappear. Computer vision can misclassify. APIs can change. Cybersecurity risk expands as more operational assets become connected.

Organizations therefore need confidence measures and graceful degradation. An intelligent system must know when the underlying state is uncertain.

The Economics of Machine-Readable Logistics

Better physical observability can improve asset utilization, reduce loss, support predictive maintenance, improve service, lower search and coordination effort, and help prevent exceptions before they become expensive. But the largest strategic effect may be indirect.

Software can only make useful operational decisions about the world it can represent. As the digital state becomes richer, optimization and AI can address a larger portion of logistics execution.

Information Is No Longer the Only Constraint

This creates a new paradox. Logistics organizations can now receive more information, more frequently, about more assets than ever before. Yet performance can still be constrained because people and systems cannot interpret and act on that information quickly enough. In other words, the bottleneck moves from sensing to deciding.

That makes decision velocity more than a management concept. It is becoming a form of logistics capacity.

Related Logistics Viewpoints research

The New Architecture of Logistics
Systems Engineering in Logistics
2026 Supply Chain Decision Intelligence Market Map
The Emerging Intelligence Layer Above ERP, TMS, and WMS Platforms
Previous in this series: AI Agents Are Coming for Logistics Execution

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