{
  "version": "1.0.0",
  "month": "2025-06",
  "published": "2025-06-05",
  "methodology_version": "v1",
  "disclaimer": "Single-forwarder benchmark (SINO Shipping). Calibrated monthly against FBX and Drewry WCI on overlapping lanes only — the ~14-16 emerging-markets lanes covered here have no public benchmark, which is precisely the gap this tracker fills.",
  "clusters": [
    {
      "id": "latam-nearshoring",
      "name": "LATAM nearshoring",
      "tagline": "Pacific Alliance + Atlantic alt-ports, Chancay megaport spillover",
      "lanes": [
        "china-brazil",
        "china-mexico",
        "china-chile",
        "china-peru",
        "china-colombia",
        "china-ecuador",
        "china-argentina"
      ]
    },
    {
      "id": "iberian-gateway",
      "name": "Iberian gateway",
      "tagline": "Algeciras / Valencia / Sines — Southern Europe transshipment to Iberia, North Africa and Atlantic re-export",
      "lanes": [
        "china-spain",
        "china-portugal"
      ]
    }
  ],
  "countries": [
    {
      "slug": "argentina",
      "rates": {
        "sea_20gp_usd": [
          1900,
          2300
        ],
        "sea_40gp_usd": [
          3050,
          3700
        ],
        "sea_lcl_usd_cbm": 109,
        "air_perkg_usd": 10.25,
        "express_perkg_usd": 16.35,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          32,
          40
        ],
        "air": [
          3,
          4
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 35,
        "sea_20gp": 35.48,
        "air": 10.22,
        "express": 10.1,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3400,
          3500,
          3675,
          3850,
          3375,
          2600,
          2400,
          2500,
          3375
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.15,
          10.25,
          10.4,
          10.6,
          10.15,
          9.4,
          9.2,
          9.3,
          10.25
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.25,
          16.45,
          16.65,
          16.95,
          16.2,
          15,
          14.75,
          14.85,
          16.35
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "bolivia",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          35,
          42
        ],
        "air": [
          4,
          6
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "brazil",
      "rates": {
        "sea_20gp_usd": [
          2050,
          2450
        ],
        "sea_40gp_usd": [
          3100,
          3850
        ],
        "sea_lcl_usd_cbm": 86,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          30,
          38
        ],
        "air": [
          3,
          4
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          9,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.95,
        "sea_20gp": 36.36,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3550,
          3675,
          3825,
          4000,
          3500,
          2675,
          2500,
          2575,
          3475
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "chile",
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 7.55,
        "express_perkg_usd": 12.1,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          10,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.22,
        "express": 10.5,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          7.5,
          7.6,
          7.7,
          7.85,
          7.5,
          6.95,
          6.8,
          6.85,
          7.55
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          12.05,
          12.15,
          12.3,
          12.5,
          12,
          11.1,
          10.9,
          10.95,
          12.1
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "colombia",
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          32
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "costa-rica",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          20,
          28
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          7,
          10
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          9,
          19
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "cuba",
      "rates": {
        "sea_20gp_usd": [
          6200,
          7650
        ],
        "sea_40gp_usd": [
          10000,
          12150
        ],
        "sea_lcl_usd_cbm": 416,
        "air_perkg_usd": 12.65,
        "express_perkg_usd": 20.25,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          4,
          7
        ],
        "rail": [
          6,
          8
        ],
        "express": [
          2,
          4
        ],
        "lcl": [
          9,
          15
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.06,
        "sea_20gp": 35.12,
        "air": 24.02,
        "express": 24.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          14500,
          14375,
          14300,
          16000,
          14450,
          9400,
          8325,
          8200,
          11075
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.3,
          12.2,
          12.2,
          12.75,
          12.25,
          10,
          10.25,
          10.2,
          12.65
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.65,
          19.55,
          19.55,
          20.4,
          19.6,
          16.05,
          16.35,
          16.3,
          20.25
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "dominican-republic",
      "rates": {
        "sea_20gp_usd": [
          6200,
          7650
        ],
        "sea_40gp_usd": [
          10000,
          12150
        ],
        "sea_lcl_usd_cbm": 416,
        "air_perkg_usd": 12.65,
        "express_perkg_usd": 20.25,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          32
        ],
        "air": [
          3,
          6
        ],
        "rail": [
          6,
          9
        ],
        "express": [
          2,
          4
        ],
        "lcl": [
          10,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.06,
        "sea_20gp": 35.12,
        "air": 24.02,
        "express": 24.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          14500,
          14375,
          14300,
          16000,
          14450,
          9400,
          8325,
          8200,
          11075
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.3,
          12.2,
          12.2,
          12.75,
          12.25,
          10,
          10.25,
          10.2,
          12.65
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.65,
          19.55,
          19.55,
          20.4,
          19.6,
          16.05,
          16.35,
          16.3,
          20.25
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "ecuador",
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          9,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "el-salvador",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          20,
          28
        ],
        "air": [
          2,
          4
        ],
        "rail": [
          5,
          8
        ],
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "guatemala",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          20,
          28
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          5,
          6
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          9,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "guyana",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          30,
          38
        ],
        "air": [
          4,
          6
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          12,
          19
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "haiti",
      "rates": {
        "sea_20gp_usd": [
          6200,
          7650
        ],
        "sea_40gp_usd": [
          10000,
          12150
        ],
        "sea_lcl_usd_cbm": 416,
        "air_perkg_usd": 12.65,
        "express_perkg_usd": 20.25,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          10,
          15
        ],
        "air": [
          2,
          3
        ],
        "rail": [
          6,
          8
        ],
        "express": [
          2,
          4
        ],
        "lcl": [
          11,
          19
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.06,
        "sea_20gp": 35.12,
        "air": 24.02,
        "express": 24.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          14500,
          14375,
          14300,
          16000,
          14450,
          9400,
          8325,
          8200,
          11075
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.3,
          12.2,
          12.2,
          12.75,
          12.25,
          10,
          10.25,
          10.2,
          12.65
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.65,
          19.55,
          19.55,
          20.4,
          19.6,
          16.05,
          16.35,
          16.3,
          20.25
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "honduras",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          20,
          28
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          6,
          9
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          19
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "jamaica",
      "rates": {
        "sea_20gp_usd": [
          6200,
          7650
        ],
        "sea_40gp_usd": [
          10000,
          12150
        ],
        "sea_lcl_usd_cbm": 416,
        "air_perkg_usd": 12.65,
        "express_perkg_usd": 20.25,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          32
        ],
        "air": [
          3,
          6
        ],
        "rail": [
          5,
          9
        ],
        "express": [
          2,
          4
        ],
        "lcl": [
          10,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.06,
        "sea_20gp": 35.12,
        "air": 24.02,
        "express": 24.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          14500,
          14375,
          14300,
          16000,
          14450,
          9400,
          8325,
          8200,
          11075
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.3,
          12.2,
          12.2,
          12.75,
          12.25,
          10,
          10.25,
          10.2,
          12.65
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.65,
          19.55,
          19.55,
          20.4,
          19.6,
          16.05,
          16.35,
          16.3,
          20.25
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "mexico",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          18,
          25
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          6,
          9
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "nicaragua",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          20,
          28
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          5,
          8
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          10,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "panama",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          18,
          25
        ],
        "air": [
          2,
          4
        ],
        "rail": [
          6,
          7
        ],
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "paraguay",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          35,
          42
        ],
        "air": [
          4,
          6
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "peru",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          4
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "portugal",
      "rates": {
        "sea_20gp_usd": [
          3600,
          4400
        ],
        "sea_40gp_usd": [
          5750,
          7000
        ],
        "sea_lcl_usd_cbm": 59,
        "air_perkg_usd": 9,
        "express_perkg_usd": 14.45,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          26
        ],
        "air": [
          5,
          7
        ],
        "rail": [
          12,
          13
        ],
        "express": [
          5,
          8
        ],
        "lcl": [
          26,
          30
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.92,
        "sea_20gp": 35.59,
        "air": 13.21,
        "express": 13.78,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          7325,
          7050,
          8275,
          8550,
          6825,
          5500,
          4375,
          4725,
          6375
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.45,
          9.3,
          10,
          10.15,
          9.15,
          8.4,
          7.75,
          7.95,
          9
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.1,
          14.9,
          16,
          16.25,
          14.65,
          13.4,
          12.4,
          12.7,
          14.45
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Moderate demand",
            "icon": "chart",
            "status": "stable",
            "text": "European routes relatively calm — steady rates"
          },
          {
            "label": "Red Sea",
            "icon": "alert",
            "status": "tighter",
            "text": "Cape routing continues — but costs absorbed into baseline"
          },
          {
            "label": "Summer season",
            "icon": "calendar",
            "status": "tighter",
            "text": "Peak season starting — expect gradual rate firming"
          },
          {
            "label": "EU ETS",
            "icon": "info",
            "status": "normal",
            "text": "EU Emissions Trading System surcharges factored into all quotes"
          }
        ]
      }
    },
    {
      "slug": "spain",
      "rates": {
        "sea_20gp_usd": [
          4500,
          5550
        ],
        "sea_40gp_usd": [
          6900,
          8450
        ],
        "sea_lcl_usd_cbm": 153,
        "air_perkg_usd": 9.5,
        "express_perkg_usd": 15.2,
        "rail_20gp_usd": [
          4600,
          5650
        ],
        "rail_40gp_usd": [
          6750,
          8200
        ],
        "rail_lcl_usd_cbm": 234
      },
      "transit_days": {
        "sea": [
          25,
          31
        ],
        "air": [
          5,
          7
        ],
        "rail": [
          13,
          18
        ],
        "express": [
          5,
          8
        ],
        "lcl": [
          26,
          35
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.24,
        "sea_20gp": 34.9,
        "air": 13.77,
        "express": 13.86,
        "rail_40gp": 3.46
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          8800,
          8500,
          9950,
          10275,
          8175,
          6600,
          5275,
          5675,
          7675
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          9.8,
          10.55,
          10.7,
          9.65,
          8.8,
          8.15,
          8.35,
          9.5
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          15.65,
          16.85,
          17.15,
          15.4,
          14.1,
          13.05,
          13.35,
          15.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Moderate demand",
            "icon": "chart",
            "status": "stable",
            "text": "European routes relatively calm — steady rates"
          },
          {
            "label": "Red Sea",
            "icon": "alert",
            "status": "tighter",
            "text": "Cape routing continues — but costs absorbed into baseline"
          },
          {
            "label": "Summer season",
            "icon": "calendar",
            "status": "tighter",
            "text": "Peak season starting — expect gradual rate firming"
          },
          {
            "label": "EU ETS",
            "icon": "info",
            "status": "normal",
            "text": "EU Emissions Trading System surcharges factored into all quotes"
          }
        ]
      }
    },
    {
      "slug": "suriname",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          30,
          38
        ],
        "air": [
          4,
          6
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "trinidad-and-tobago",
      "rates": {
        "sea_20gp_usd": [
          6200,
          7650
        ],
        "sea_40gp_usd": [
          10000,
          12150
        ],
        "sea_lcl_usd_cbm": 416,
        "air_perkg_usd": 12.65,
        "express_perkg_usd": 20.25,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          9,
          13
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          6,
          9
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          10,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.06,
        "sea_20gp": 35.12,
        "air": 24.02,
        "express": 24.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          14500,
          14375,
          14300,
          16000,
          14450,
          9400,
          8325,
          8200,
          11075
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.3,
          12.2,
          12.2,
          12.75,
          12.25,
          10,
          10.25,
          10.2,
          12.65
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.65,
          19.55,
          19.55,
          20.4,
          19.6,
          16.05,
          16.35,
          16.3,
          20.25
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      }
    },
    {
      "slug": "uruguay",
      "rates": {
        "sea_20gp_usd": [
          1950,
          2450
        ],
        "sea_40gp_usd": [
          3100,
          3850
        ],
        "sea_lcl_usd_cbm": 125,
        "air_perkg_usd": 12.25,
        "express_perkg_usd": 19.55,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          32,
          40
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          10,
          15
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.95,
        "sea_20gp": 35.38,
        "air": 10.36,
        "express": 10.14,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3550,
          3675,
          3825,
          4000,
          3500,
          2675,
          2500,
          2575,
          3475
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          12.15,
          12.3,
          12.45,
          12.65,
          12.1,
          11.2,
          11,
          11.1,
          12.25
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          19.45,
          19.65,
          19.95,
          20.25,
          19.4,
          17.95,
          17.65,
          17.75,
          19.55
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    },
    {
      "slug": "venezuela",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      }
    }
  ],
  "pool_lanes": [
    {
      "id": "china-brazil",
      "country_slug": "brazil",
      "country_name": "Brazil",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Ningbo (sea via Santos)",
      "narrative_angle": "Largest LATAM gateway — Santos congestion + China auto manufacturing investment surge",
      "search_demand": "H",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America East Coast (FBX)",
      "country_guide_path": "/country-guides/freight-from-china-to-brazil/",
      "rates": {
        "sea_20gp_usd": [
          2050,
          2450
        ],
        "sea_40gp_usd": [
          3100,
          3850
        ],
        "sea_lcl_usd_cbm": 86,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          30,
          38
        ],
        "air": [
          3,
          4
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          9,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.95,
        "sea_20gp": 36.36,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3550,
          3675,
          3825,
          4000,
          3500,
          2675,
          2500,
          2575,
          3475
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-mexico",
      "country_slug": "mexico",
      "country_name": "Mexico",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Shenzhen (sea via Manzanillo)",
      "narrative_angle": "Nearshoring beneficiary — Manzanillo + Lazaro Cardenas + US-Mexico trade corridor",
      "search_demand": "H",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → North America West Coast (FBX, partial proxy)",
      "country_guide_path": "/freight-china-mexico/",
      "rates": {
        "sea_20gp_usd": [
          2500,
          3050
        ],
        "sea_40gp_usd": [
          3900,
          4800
        ],
        "sea_lcl_usd_cbm": 177,
        "air_perkg_usd": 12,
        "express_perkg_usd": 19.2,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          18,
          25
        ],
        "air": [
          3,
          4
        ],
        "rail": [
          6,
          9
        ],
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.88,
        "sea_20gp": 35.37,
        "air": 23.71,
        "express": 23.87,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          5725,
          5675,
          5650,
          6325,
          5700,
          3700,
          3275,
          3225,
          4350
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          11.65,
          11.6,
          11.6,
          12.1,
          11.65,
          9.5,
          9.7,
          9.7,
          12
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          18.65,
          18.6,
          18.55,
          19.4,
          18.6,
          15.25,
          15.55,
          15.5,
          19.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Tariff rush",
            "icon": "alert",
            "status": "tighter",
            "text": "Shippers frontloading ahead of tariff pause expiration"
          },
          {
            "label": "Rate surge",
            "icon": "chart",
            "status": "tighter",
            "text": "Transpacific rates spiking on unprecedented demand"
          },
          {
            "label": "Space critical",
            "icon": "container",
            "status": "tighter",
            "text": "Vessel capacity filling fast — book early or face rollovers"
          },
          {
            "label": "Port pressure",
            "icon": "container",
            "status": "tighter",
            "text": "US ports handling surge volumes — expect minor delays"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-chile",
      "country_slug": "chile",
      "country_name": "Chile",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Shanghai (sea via Valparaiso)",
      "narrative_angle": "Copper exporter / lithium triangle gateway via Valparaiso",
      "search_demand": "M",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America West Coast (FBX)",
      "country_guide_path": null,
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 7.55,
        "express_perkg_usd": 12.1,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          10,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.22,
        "express": 10.5,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          7.5,
          7.6,
          7.7,
          7.85,
          7.5,
          6.95,
          6.8,
          6.85,
          7.55
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          12.05,
          12.15,
          12.3,
          12.5,
          12,
          11.1,
          10.9,
          10.95,
          12.1
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-peru",
      "country_slug": "peru",
      "country_name": "Peru",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Shanghai (sea via Chancay/Callao)",
      "narrative_angle": "Chancay megaport just opened — first Chinese-built deep-sea hub on Pacific coast",
      "search_demand": "H",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America West Coast (FBX)",
      "country_guide_path": "/shipping-from-china-to-peru/",
      "rates": {
        "sea_20gp_usd": [
          2150,
          2650
        ],
        "sea_40gp_usd": [
          3450,
          4200
        ],
        "sea_lcl_usd_cbm": 129,
        "air_perkg_usd": 10.45,
        "express_perkg_usd": 16.7,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          4
        ],
        "lcl": [
          11,
          16
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.4,
        "sea_20gp": 35.21,
        "air": 10,
        "express": 10.23,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3900,
          4000,
          4175,
          4375,
          3825,
          2950,
          2775,
          2825,
          3825
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.4,
          10.5,
          10.65,
          10.8,
          10.35,
          9.6,
          9.4,
          9.5,
          10.45
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.65,
          16.8,
          17.05,
          17.3,
          16.55,
          15.35,
          15.05,
          15.15,
          16.7
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-colombia",
      "country_slug": "colombia",
      "country_name": "Colombia",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Shenzhen (sea via Buenaventura)",
      "narrative_angle": "Buenaventura main gateway, Caribbean access via Cartagena",
      "search_demand": "M",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America West Coast (FBX)",
      "country_guide_path": "/freight-china-colombia/",
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          32
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          11,
          17
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-ecuador",
      "country_slug": "ecuador",
      "country_name": "Ecuador",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Shanghai (sea via Guayaquil)",
      "narrative_angle": "Banana exporter, USD-economy, Guayaquil dredging",
      "search_demand": "L",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America West Coast (FBX)",
      "country_guide_path": "/freight-china-ecuador/",
      "rates": {
        "sea_20gp_usd": [
          2350,
          2900
        ],
        "sea_40gp_usd": [
          3800,
          4600
        ],
        "sea_lcl_usd_cbm": 152,
        "air_perkg_usd": 10,
        "express_perkg_usd": 16,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          28,
          35
        ],
        "air": [
          3,
          5
        ],
        "rail": null,
        "express": [
          2,
          5
        ],
        "lcl": [
          9,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.48,
        "sea_20gp": 34.62,
        "air": 10.5,
        "express": 10.34,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          4275,
          4400,
          4600,
          4825,
          4225,
          3225,
          3000,
          3100,
          4200
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          10.05,
          10.2,
          10.35,
          9.9,
          9.15,
          9,
          9.05,
          10
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          16.1,
          16.3,
          16.55,
          15.85,
          14.7,
          14.4,
          14.5,
          16
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-argentina",
      "country_slug": "argentina",
      "country_name": "Argentina",
      "cluster": "latam-nearshoring",
      "primary_mode": "sea",
      "recommended_origin": "Ningbo (sea via Buenos Aires)",
      "narrative_angle": "Buenos Aires gateway — commodity exporter, FX-volatile demand cycles",
      "search_demand": "M",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → South America East Coast (FBX)",
      "country_guide_path": null,
      "rates": {
        "sea_20gp_usd": [
          1900,
          2300
        ],
        "sea_40gp_usd": [
          3050,
          3700
        ],
        "sea_lcl_usd_cbm": 109,
        "air_perkg_usd": 10.25,
        "express_perkg_usd": 16.35,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          32,
          40
        ],
        "air": [
          3,
          4
        ],
        "rail": null,
        "express": [
          3,
          5
        ],
        "lcl": [
          11,
          18
        ]
      },
      "mom_delta": {
        "sea_40gp": 35,
        "sea_20gp": 35.48,
        "air": 10.22,
        "express": 10.1,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          3400,
          3500,
          3675,
          3850,
          3375,
          2600,
          2400,
          2500,
          3375
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          10.15,
          10.25,
          10.4,
          10.6,
          10.15,
          9.4,
          9.2,
          9.3,
          10.25
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          16.25,
          16.45,
          16.65,
          16.95,
          16.2,
          15,
          14.75,
          14.85,
          16.35
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Rate firming",
            "icon": "chart",
            "status": "tighter",
            "text": "South America rates following global upward trend"
          },
          {
            "label": "Peak building",
            "icon": "calendar",
            "status": "tighter",
            "text": "Seasonal demand increasing — plan ahead"
          },
          {
            "label": "Carrier options",
            "icon": "container",
            "status": "stable",
            "text": "New services from Asia providing more competition"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-spain",
      "country_slug": "spain",
      "country_name": "Spain",
      "cluster": "iberian-gateway",
      "primary_mode": "sea",
      "recommended_origin": "Shanghai (sea via Algeciras / Valencia)",
      "narrative_angle": "Algeciras / Valencia hub for Iberia + North Africa transshipment",
      "search_demand": "H",
      "fbx_drewry_overlap": true,
      "fbx_drewry_route": "China → North Europe / Med (FBX, Med proxy)",
      "country_guide_path": null,
      "rates": {
        "sea_20gp_usd": [
          4500,
          5550
        ],
        "sea_40gp_usd": [
          6900,
          8450
        ],
        "sea_lcl_usd_cbm": 153,
        "air_perkg_usd": 9.5,
        "express_perkg_usd": 15.2,
        "rail_20gp_usd": [
          4600,
          5650
        ],
        "rail_40gp_usd": [
          6750,
          8200
        ],
        "rail_lcl_usd_cbm": 234
      },
      "transit_days": {
        "sea": [
          25,
          31
        ],
        "air": [
          5,
          7
        ],
        "rail": [
          13,
          18
        ],
        "express": [
          5,
          8
        ],
        "lcl": [
          26,
          35
        ]
      },
      "mom_delta": {
        "sea_40gp": 35.24,
        "sea_20gp": 34.9,
        "air": 13.77,
        "express": 13.86,
        "rail_40gp": 3.46
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          8800,
          8500,
          9950,
          10275,
          8175,
          6600,
          5275,
          5675,
          7675
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.95,
          9.8,
          10.55,
          10.7,
          9.65,
          8.8,
          8.15,
          8.35,
          9.5
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.9,
          15.65,
          16.85,
          17.15,
          15.4,
          14.1,
          13.05,
          13.35,
          15.2
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Moderate demand",
            "icon": "chart",
            "status": "stable",
            "text": "European routes relatively calm — steady rates"
          },
          {
            "label": "Red Sea",
            "icon": "alert",
            "status": "tighter",
            "text": "Cape routing continues — but costs absorbed into baseline"
          },
          {
            "label": "Summer season",
            "icon": "calendar",
            "status": "tighter",
            "text": "Peak season starting — expect gradual rate firming"
          },
          {
            "label": "EU ETS",
            "icon": "info",
            "status": "normal",
            "text": "EU Emissions Trading System surcharges factored into all quotes"
          }
        ]
      },
      "narrative_draft": null
    },
    {
      "id": "china-portugal",
      "country_slug": "portugal",
      "country_name": "Portugal",
      "cluster": "iberian-gateway",
      "primary_mode": "sea",
      "recommended_origin": "Shanghai (sea via Sines / Lisbon)",
      "narrative_angle": "Sines deepwater port, Atlantic gateway for re-export to Africa + Americas",
      "search_demand": "M",
      "fbx_drewry_overlap": false,
      "country_guide_path": null,
      "rates": {
        "sea_20gp_usd": [
          3600,
          4400
        ],
        "sea_40gp_usd": [
          5750,
          7000
        ],
        "sea_lcl_usd_cbm": 59,
        "air_perkg_usd": 9,
        "express_perkg_usd": 14.45,
        "rail_20gp_usd": null,
        "rail_40gp_usd": null,
        "rail_lcl_usd_cbm": null
      },
      "transit_days": {
        "sea": [
          25,
          26
        ],
        "air": [
          5,
          7
        ],
        "rail": [
          12,
          13
        ],
        "express": [
          5,
          8
        ],
        "lcl": [
          26,
          30
        ]
      },
      "mom_delta": {
        "sea_40gp": 34.92,
        "sea_20gp": 35.59,
        "air": 13.21,
        "express": 13.78,
        "rail_40gp": null
      },
      "series_12mo": {
        "sea_40gp_usd": [
          null,
          null,
          null,
          7325,
          7050,
          8275,
          8550,
          6825,
          5500,
          4375,
          4725,
          6375
        ],
        "air_perkg_usd": [
          null,
          null,
          null,
          9.45,
          9.3,
          10,
          10.15,
          9.15,
          8.4,
          7.75,
          7.95,
          9
        ],
        "express_perkg_usd": [
          null,
          null,
          null,
          15.1,
          14.9,
          16,
          16.25,
          14.65,
          13.4,
          12.4,
          12.7,
          14.45
        ]
      },
      "market_snapshot": {
        "items": [
          {
            "label": "Moderate demand",
            "icon": "chart",
            "status": "stable",
            "text": "European routes relatively calm — steady rates"
          },
          {
            "label": "Red Sea",
            "icon": "alert",
            "status": "tighter",
            "text": "Cape routing continues — but costs absorbed into baseline"
          },
          {
            "label": "Summer season",
            "icon": "calendar",
            "status": "tighter",
            "text": "Peak season starting — expect gradual rate firming"
          },
          {
            "label": "EU ETS",
            "icon": "info",
            "status": "normal",
            "text": "EU Emissions Trading System surcharges factored into all quotes"
          }
        ]
      },
      "narrative_draft": null
    }
  ],
  "featured": [
    {
      "lane_id": "china-chile",
      "country_slug": "chile",
      "country_name": "Chile",
      "cluster": "latam-nearshoring",
      "selection_reason": "top_mover_up",
      "selection_value_pct": 35.48,
      "primary_mode": "sea",
      "narrative_angle": "Copper exporter / lithium triangle gateway via Valparaiso",
      "narrative_draft": null
    },
    {
      "lane_id": "china-colombia",
      "country_slug": "colombia",
      "country_name": "Colombia",
      "cluster": "latam-nearshoring",
      "selection_reason": "top_mover_up",
      "selection_value_pct": 35.48,
      "primary_mode": "sea",
      "narrative_angle": "Buenaventura main gateway, Caribbean access via Cartagena",
      "narrative_draft": null
    },
    {
      "lane_id": "china-ecuador",
      "country_slug": "ecuador",
      "country_name": "Ecuador",
      "cluster": "latam-nearshoring",
      "selection_reason": "top_mover_up",
      "selection_value_pct": 35.48,
      "primary_mode": "sea",
      "narrative_angle": "Banana exporter, USD-economy, Guayaquil dredging",
      "narrative_draft": null
    },
    {
      "lane_id": "china-mexico",
      "country_slug": "mexico",
      "country_name": "Mexico",
      "cluster": "latam-nearshoring",
      "selection_reason": "top_mover_down",
      "selection_value_pct": 34.88,
      "primary_mode": "sea",
      "narrative_angle": "Nearshoring beneficiary — Manzanillo + Lazaro Cardenas + US-Mexico trade corridor",
      "narrative_draft": null
    },
    {
      "lane_id": "china-portugal",
      "country_slug": "portugal",
      "country_name": "Portugal",
      "cluster": "iberian-gateway",
      "selection_reason": "top_mover_down",
      "selection_value_pct": 34.92,
      "primary_mode": "sea",
      "narrative_angle": "Sines deepwater port, Atlantic gateway for re-export to Africa + Americas",
      "narrative_draft": null
    },
    {
      "lane_id": "china-brazil",
      "country_slug": "brazil",
      "country_name": "Brazil",
      "cluster": "latam-nearshoring",
      "selection_reason": "top_mover_down",
      "selection_value_pct": 34.95,
      "primary_mode": "sea",
      "narrative_angle": "Largest LATAM gateway — Santos congestion + China auto manufacturing investment surge",
      "narrative_draft": null
    },
    {
      "lane_id": "china-peru",
      "country_slug": "peru",
      "country_name": "Peru",
      "cluster": "latam-nearshoring",
      "selection_reason": "narrative_event",
      "selection_value_pct": 35.4,
      "primary_mode": "sea",
      "narrative_angle": "Chancay megaport just opened — first Chinese-built deep-sea hub on Pacific coast",
      "narrative_draft": null
    },
    {
      "lane_id": "china-argentina",
      "country_slug": "argentina",
      "country_name": "Argentina",
      "cluster": "latam-nearshoring",
      "selection_reason": "narrative_event",
      "selection_value_pct": 35,
      "primary_mode": "sea",
      "narrative_angle": "Buenos Aires gateway — commodity exporter, FX-volatile demand cycles",
      "narrative_draft": null
    }
  ],
  "calibration": {
    "methodology": "Lane Tracker publishes a single-forwarder benchmark. Where SINO's lanes overlap with FBX (12 routes E-W) or Drewry WCI (8 routes), we publish a delta vs the public index. For the ~14-16 emerging-markets lanes with no public benchmark (Middle Corridor, East Africa, MENA secondary, SE Asia secondary, Caribbean), no comparable data exists publicly.",
    "overlap_lanes": [
      {
        "lane_id": "china-brazil",
        "country_name": "Brazil",
        "fbx_drewry_route": "China → South America East Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 3475,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-mexico",
        "country_name": "Mexico",
        "fbx_drewry_route": "China → North America West Coast (FBX, partial proxy)",
        "sino_midpoint_sea_40gp_usd": 4350,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-chile",
        "country_name": "Chile",
        "fbx_drewry_route": "China → South America West Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 4200,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-peru",
        "country_name": "Peru",
        "fbx_drewry_route": "China → South America West Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 3825,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-colombia",
        "country_name": "Colombia",
        "fbx_drewry_route": "China → South America West Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 4200,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-ecuador",
        "country_name": "Ecuador",
        "fbx_drewry_route": "China → South America West Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 4200,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-argentina",
        "country_name": "Argentina",
        "fbx_drewry_route": "China → South America East Coast (FBX)",
        "sino_midpoint_sea_40gp_usd": 3375,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      },
      {
        "lane_id": "china-spain",
        "country_name": "Spain",
        "fbx_drewry_route": "China → North Europe / Med (FBX, Med proxy)",
        "sino_midpoint_sea_40gp_usd": 7675,
        "public_index_value_usd": null,
        "delta_pct": null,
        "note": "Public index values fetched manually at publish time (TODO: automate via FBX API + Drewry widget scrape)."
      }
    ],
    "no_benchmark_lanes_count": 1
  },
  "commentary": {
    "month": "2025-06",
    "author": "SINO Shipping desk",
    "title": "The whole pool firms 35% in one print",
    "lede": "June is the cleanest cluster-wide rebound in the back-history. All nine LATAM and Iberian lanes firm between 34.88% and 35.48% — a single tonnage and bunker reset across the trade, not nine independent stories.",
    "paragraphs": [
      "The pool moved as one. Chile, Colombia and Ecuador each printed +35.48%, Argentina +35.00%, Peru +35.40%, Brazil +34.95%, Spain +35.24%, Portugal +34.92%, Mexico +34.88%. The dispersion between top and bottom mover is six-tenths of one percent — a band that tight signals carriers passing through a uniform GRI on the China → South America and China → Iberia trades, not lane-specific demand differentiation.",
      "Absolute levels reset the post-trough baseline. China → Brazil at USD 3,100–3,850, Pacific Alliance lanes at USD 3,800–4,600, China → Spain at USD 6,900–8,450. The recovery brings the Iberian gateway back above its February print and the Andean cluster close to its January high — five months of compression compressed into a single GRI cycle.",
      "Mexico printed at the bottom of the band at +34.88% to USD 3,900–4,800. The lane participated in the cluster reset but no longer commands the LATAM premium it held through 2024 — it now trades closer to the Pacific Alliance baseline than to its own back-history ceiling. The structural inversion that started in April holds through the rebound."
    ],
    "pull_quote": {
      "stat": "9 of 9",
      "caption": "LATAM + IBERIAN POOL, ALL LANES UP 35%, MOM",
      "context": "the tightest dispersion in the back-history — single GRI across the trade"
    },
    "watch_next": [
      "Chancay (Peru) first scheduled deep-sea calls in July — the trigger that should finally break the Pacific Alliance block.",
      "Brazil agribusiness peak — Santos berth dwell extending; inbound congestion compounds on the firm move.",
      "Iberian summer cycle — whether the rebound holds through the European import window or fades.",
      "Mexico ranking — first month back near the Pacific Alliance baseline; nearshoring premium has structurally compressed."
    ]
  },
  "story": null,
  "counts": {
    "countries": 26,
    "pool_lanes": 9,
    "featured": 8,
    "overlap_lanes": 8
  }
}