Freight Market Update: July 25, 2024
Transpacific volumes stay strong as Cape of Good Hope routings and Asia and North America port congestion drive structural blank sailings and rate cuts.
The latest on disruptions, rates, and market shifts
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Freight Market Update: July 18, 2024
Transpacific volumes stay strong as Cape of Good Hope reroutings and Asian and North American port congestion drive structural blank sailings and July GRIs.
Freight Market Update: May 23, 2024
Transpacific eastbound ocean freight enters peak conditions as May US imports rise 6.8% YoY and carriers push fresh $1000 GRIs in late May 2024.
Freight Market Update: April 18, 2024
Red Sea reroutes send Asia-Europe vessels around the Cape of Good Hope, cutting early-May capacity by up to 13% as carriers implement GRIs, April 18, 2024.
Freight Market Update: April 4, 2024
Red Sea diversions via the Cape of Good Hope keep disrupting Asia-Europe schedules as carriers implement GRIs to halt a nine-week rate decline.
Freight Market Update: February 22, 2024
Week of February 22, 2024: China's inbound air cargo tonnage drops 15% around Lunar New Year while average global air rates hold steady or rise.
Freight Market Update: February 7, 2024
Global air cargo capacity rises 10% over 2019 as Red Sea crisis and Lunar New Year lift transpacific and Asia-Europe air yields into late January.
Freight Market Update: October 4, 2023
Typhoon Koinu threatens southern Taiwan with air delays and vessel disruptions as it tracks across the Taiwan Strait through early October.