In light of recent carrier schedule adjustments and evolving market dynamics in late July, we would like to offer our latest insights to help you strategically plan and optimize your upcoming shipments.
Recent Market Trends
West Coast South America (WCSA): Following a late‑June softening, rates have continued to ease through July, though the pace of decline has stabilized at current levels.
East Coast South America (ECSA): After peaking in early July, rates have started to pull back modestly
Overall: Cargo volumes remain below seasonal norms, leading to an oversupplied market.
Blank Sailings Later This Month
To address the capacity imbalance, multiple carriers have scheduled blank sailings across both East and West Coast South America loops. This reduction in sailings is intended to scrub surplus capacity and prepare the market for upward rate adjustments in August.
New & Upcoming Service Deployments
PIL Central America Service: A new dedicated sailing will launch later this month, linking key Pacific‑side and Caribbean‑side ports.
OOCL Guatemala Survey: OOCL is actively evaluating a direct call to Puerto Quetzal. Should you have interest in this potential service, please let us know—your feedback will inform final deployment and rate structures.
Forward Outlook & Recommendations
Capacity Tightness in August: With blank sailings in effect, space will be scarcer. Early booking is highly recommended to secure the slots you need.
Modest Rate Upside: Carriers are expected to test moderate rate increases from August 1. However, given current demand levels, significant hikes remain unlikely. For large‑volume shipments, please inquire about spot‑rate options on a case‑by‑case basis.
Forecasting Importance: Submitting accurate volume forecasts enables us to negotiate better space allocations and rates on your behalf.
We will continue to monitor developments closely and provide timely updates. Should you have any questions or wish to discuss your upcoming requirements, please reach out to your RS Logistics contact.
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