Freight Market Update: June 28, 2023
Labor disruptions at Le Havre and Fos-sur-Mer have eased, while Taiwan's semiconductor sector eyes Philippine expansion on AI-driven chip demand. U.S.-Mexico border shipments need 5–7 days' advance booking.
The latest on disruptions, rates, and market shifts
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Freight Market Update: June 14, 2023
Ocean rates keep falling as demand stays low and capacity stays open across major trade lanes. Air and trucking markets are similarly soft, with U.S. carrier reject rates near record lows.
Freight Market Update: June 7, 2023
Ocean rates have dropped to pre-pandemic levels as carriers blank more sailings. Air markets are stabilizing after a demand recovery, while U.S. trucking stays fluid despite new gate fees in Vancouver and rail delays from Alberta wildfires.
Freight Market Update: May 24, 2023
Soft TPEB demand keeps carriers cutting rates, while Shanghai runway work trims air capacity on China-US and China-EU lanes. Taiwan's US export volumes are rising as manufacturing shifts away from China.
Freight Market Update: May 17, 2023
Ocean capacity exceeds demand on most trade lanes, while air freighter capacity on the Transpacific is shrinking as carriers cut losses. A regional breakdown covers TAWB, LATAM, FEWB, Asia air, and South Asia conditions.
Freight Market Update: May 3, 2023
Ocean rates have fallen to pre-pandemic levels on transpacific and transatlantic lanes as blank sailings mount and demand stays soft. Meanwhile, container volumes through Laredo, Texas hit a record high in March, offering early evidence of near-shoring in U.S. trade flows.
Freight Market Update: April 26, 2023
Excess vessel capacity is keeping pressure on ocean rates in the TAWB and LATAM trades through Q2. Air freight capacity out of Asia looks slightly positive in Q2 before tightening in Q3.
Freight Market Update: June 3, 2020
Ocean and air freight rates with customs and COVID-19 news for June 3, 2020, as shipping groups call for port digitalization to build supply chain resilience.