FAK rates are falling ahead of Golden Week as ocean capacity cuts of 20–30% loom, while air freight demand surges out of Asia driven by consumer electronics and ecommerce. U.S. export rates stay low as carriers chase backhaul volume.
FAK rates are falling ahead of Golden Week as ocean capacity cuts of 20–30% loom, while air freight demand surges out of Asia driven by consumer electronics and ecommerce. U.S. export rates stay low as carriers chase backhaul volume.
Carriers are pulling capacity on the North Europe–USEC trade as demand lags, while MSC cuts Q4 rates to reclaim share in West Coast South America. Hurricane Lee threatens USEC port delays, and Golden Week closures are set to begin September 25.
ONE launches a new LATAM northbound FLX service, carriers blank sail ahead of Golden Week, and Tropical Storm Lee threatens U.S. East Coast shipping. Brazil export volumes are rising, with GRIs in effect across major ocean carriers.
Hurricane Idalia and Typhoon Saola are disrupting ports and flights across the U.S. Southeast and East Asia. A Mexican trucking strike has been paused, while Norfolk Southern investigates a multi-week outage and Indian-to-U.S. East Coast rates rise.
ILWU Canada members vote on a tentative contract, Panama Canal surcharges take effect Aug 1, and Turkish air freight demand is running high. Indian Subcontinent air, ocean, and trucking remain stable.
Vancouver and Prince Rupert port strikes have resumed after ILWU-BCMEA talks collapsed again. Carriers are also adding Panama Canal surcharges, IMO 2023 is trimming ocean capacity, and LATAM rates are softening amid excess supply.
B.C. dock workers enter a second strike week, while soft TPEB rates offer opportunity and LATAM, FEWB, and transatlantic air markets cool amid inflation, oversupply, and seasonal slowdowns.
Carriers are blanking sailings to curb rate drops on transpacific routes, while Asia-EU air rates rebound after a May low. U.S. trucking stays fluid, though B.C. port labor actions and Alberta wildfires are worth watching.