siriusWeek 38

The reading for 18 September 2026

10 trade lanes, measured against January 2026 = 100. A reading above 100 means cost pressure is above that baseline, not that rates rose this week.

Rising

8

Easing

1

Flat

1

Weeks on record

90

What this week says

  • Under most pressure

    North America → Far East is the heaviest lane on the board at 254.1, and capacity is what is carrying it.

  • Moved most this week

    North America domestic rose 4.9 percent against last week, the largest move on the board.

  • Worth a conversation

    Europe ↔ North America moved against the market this week. On that corridor the market is on your side of the table, and it will not be raised for you.

  • Already on its way

    On the heaviest lane, 46 percent of this pressure has reached spot rates, 77 percent short term contracts and 94 percent annual ones. The rest is still in transit to your invoice.

Every lane

  • North America → Far East

    Ocean

    254.1+2.75%

    Slowing · Carried by capacity · Last week 247.3

    On the bill in 1 month
    46%
    By 2 months
    77%
    By 3 months
    94%
    Confidence
    High
  • Europe → Far East

    Ocean

    231.2+1.18%

    Slowing · Carried by capacity · Last week 228.5

    On the bill in 1 month
    47%
    By 2 months
    78%
    By 3 months
    95%
    Confidence
    High
  • Intra-Asia

    Ocean

    230.1+2.77%

    Slowing · Carried by capacity · Last week 223.9

    On the bill in 1 month
    40%
    By 2 months
    73%
    By 3 months
    93%
    Confidence
    High
  • Middle East → Far East

    Ocean

    215.6+1.84%

    Slowing · Carried by capacity · Last week 211.7

    On the bill in 1 month
    53%
    By 2 months
    81%
    By 3 months
    96%
    Confidence
    High
  • Far East → North America

    Ocean

    213.6+2.69%

    Slowing · Carried by capacity · Last week 208.0

    On the bill in 1 month
    44%
    By 2 months
    76%
    By 3 months
    94%
    Confidence
    High
  • Far East → Europe

    Ocean

    211.7+2.72%

    Slowing · Carried by capacity · Last week 206.1

    On the bill in 1 month
    46%
    By 2 months
    77%
    By 3 months
    94%
    Confidence
    High
  • Europe ↔ North America

    Ocean

    194.5-2.56%

    Easing · Carried by capacity · Last week 199.6

    On the bill in 1 month
    43%
    By 2 months
    75%
    By 3 months
    94%
    Confidence
    High
  • Far East → Middle East / Africa

    Ocean

    184.0+1.27%

    Building · Carried by capacity · Last week 181.7

    On the bill in 1 month
    49%
    By 2 months
    79%
    By 3 months
    95%
    Confidence
    High
  • North America domestic

    Road

    168.2+4.86%

    Slowing · Carried by fuel · Last week 160.4

    On the bill in 1 month
    70%
    By 2 months
    90%
    By 3 months
    100%
    Confidence
    Moderate
  • Europe domestic

    Road

    123.1+0.49%

    Flat · Carried by fuel · Last week 122.5

    On the bill in 1 month
    65%
    By 2 months
    83%
    By 3 months
    92%
    Confidence
    Moderate

The reading is an index of cost pressure, not a rate. How it is built, and how a move reaches an invoice, is set out in the methodology.

The full brief

The decision dashboard, cost impact and action board for week 38

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