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.
The latest on disruptions, rates, and market shifts
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Freight Market Update: July 3, 2024
Transpacific Eastbound volumes stay strong but Cape of Good Hope routings and Asia and North America port congestion drive blank sailings and premium service demand.
Freight Market Update: June 27, 2024
Transpacific volumes stay strong despite blank sailings from Cape of Good Hope routings and Asia and North America port congestion as June GRIs take effect.
Freight Market Update: June 6, 2024
Canada faces potential border-agent and rail labor disruptions as CBSA reaches a legal strike position and CN and CPKC rail negotiations head toward arbitration.
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: May 9, 2024
A strong May 1 GRI lifts Transpacific spot rates on robust US demand, while a possible Canadian railroad strike from May 22 raises new disruption concerns.
Freight Market Update: May 2, 2024
Ocean capacity from India to the U.S. East Coast is widely available while U.S. West Coast space tightens after Red Sea disruptions, in the update for May 2, 2024.
Freight Market Update: April 25, 2024
Freight Market Update for April 25, 2024, as congestion builds at Vancouver and Prince Rupert and fog closures tighten transpacific space ahead of a GRI.