# Red Sea shift sends container rates soaring despite demand dip

> Container freight rates on key Asia-Europe and trans-Pacific routes rose last week. About 63% of Asia-Europe capacity now sails via the Red Sea, and Asia-Mediterranean rates reached $4,252 per FEU, up 8% week on week. Carriers are blanking eight Asia-Europe sailings next week, and a potential strike at LA-Long Beach threatens cargo from November 1.

- Date: 2026-11-12 · published 2026-11-13T06:13:10.845Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/97255-red-sea-shift-sends-container-rates-soaring-despite-demand-dip
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Container capacity restrictions and congestion keep shipping costs elevated, which raises the cost of imported feed ingredients and packaged supplies. These are container rates rather than bulk grain freight, so the direct grain price effect is limited.

## Sources

- financialports.com: https://financialports.com/red-sea-shift-sends-container-rates-soaring-despite-demand-dip/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.