Freight Market Update: December 22, 2020
Transpacific eastbound rates hold steady to close the year as carriers grapple with severe equipment shortages across Asia and persistent COVID-19 disruption.
The latest on disruptions, rates, and market shifts
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Freight Market Update: December 15, 2020
Transpacific eastbound rates rise on persistent equipment imbalances as South China feeder port stoppages halt new bookings into year-end 2020.
Freight Market Update: November 24, 2020
Transpacific rates hold steady while equipment shortages hit Ningbo hardest, and Asia-to-Europe rates climb with new GRIs implemented for December.
Freight Market Update: October 20, 2020
Carrier equipment shortages reach all-time difficult levels with vessels booked beyond capacity on Transpacific and Asia-Europe lanes into Q4 2020.
Freight Market Update: October 13, 2020
Transpacific Eastbound space stays critical with carriers booking above capacity, while Far East Westbound rates rise heading into a slower post-Golden Week period.
Freight Market Update: October 6, 2020
Transpacific rates hold steady as carriers waive GRIs and pull 8.4% of capacity in early October's slack season, amid equipment shortages for October 6, 2020.
Freight Market Update: September 16, 2020
Transpacific rates rise on September GRIs and carriers stop accepting bookings as shippers rush cargo out of China at peak of peak season, September 16, 2020.
Freight Market Update: September 23, 2020
Transpacific rates climb on equipment shortages and pre-Golden Week demand as the market stays strong in the freight market update for September 23, 2020.