Freight Market Update: March 21, 2024
Dubai-Europe air cargo tonnage surged 205% year-on-year as Red Sea disruptions pushed Asia-Europe sea-air demand through hubs like Dubai and Bangkok.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 14, 2024
Flexport shares top takeaways from TPM '24 in Long Beach, where Red Sea risks, Panama Canal restrictions, and ILA contract talks fueled supply chain uncertainty.
Freight Market Update: March 7, 2024
Red Sea disruptions drive surging Asia-Europe sea-air demand, more than doubling Dubai-Europe air cargo volumes following the Lunar New Year dip in March 2024.
Freight Market Update: February 29, 2024
Red Sea disruptions surge sea-air volumes through Dubai, Colombo, and Bangkok, lifting air tonnages to Europe by up to 71% in early 2024.
Freight Market Update: February 14, 2024
Transatlantic westbound rates jump $500/TEU as Red Sea surcharges take hold, with further increases expected in March amid tight equipment across Europe.
Freight Market Update: February 1, 2024
Red Sea disruptions push Asia-Europe cargo from sea to air as global air demand jumps and ocean spot rates triple in early February 2024.
Freight Market Update: January 24, 2024
Global air cargo volumes rebound strongly in early 2024, lifted by Asia-Europe demand and Red Sea shipping disruptions, in the January 24, 2024 update.
Freight Market Update: January 17, 2024
The Red Sea situation drives Transatlantic rate increases and pushes carriers including the Ocean Alliance and 2M to cut capacity through blank sailings.