
Market Update: October 5, 2017
Ocean and air freight market update for October 5, 2017, with a quiet Golden Week market, the canceled October 1 GRI, and blank sailings ahead.

Ocean and air freight market update for October 5, 2017, with a quiet Golden Week market, the canceled October 1 GRI, and blank sailings ahead.

June 2017 ocean rates and capacity as peak season nears, with equipment shortages at China base ports and Ramadan disruptions across South Asia.

Ocean space stays tight from Asia-Europe and India-U.S. amid contract season changes and easing port congestion at the Port of Shanghai.
Ocean rates began easing after the winter holiday and Chinese New Year peaks, with carriers using blank sailings and GRIs to slow the decline.