Freight Market Update: October 11, 2022
Transpacific eastbound demand stays flat after Golden Week as carriers blank sailings to remove capacity and US port congestion lingers in October 2022.
Transpacific eastbound demand stays flat after Golden Week as carriers blank sailings to remove capacity and US port congestion lingers in October 2022.
Golden Week blank sailings mirror falling Transpacific demand as U.S. port conditions stabilize and Vancouver delays persist, per the October 4, 2022 update.
Soft pre-Golden Week demand signals a missing peak season as Transpacific rates trend down despite blanked capacity, while port conditions stay stable.
Transpacific rates keep falling into Golden Week on weak demand as a U.S. railroad strike is averted and port congestion stays under control, for September 20, 2022.
Transpacific demand and rates keep falling as blank sailings rise and dozens of vessels remain anchored off Savannah and Houston, September 6, 2022.
Transpacific rates, volume, and demand keep falling on over-ordering, yet blank sailings, port congestion, and US intermodal delays still hurt reliability.
Transpacific rates and volumes keep falling as the cyclical peak season is pushed off, while blank sailings, port congestion, and intermodal delays linger.
Transpacific spot rates kept falling as blank sailings rose, schedule reliability stayed low, and inland terminals neared capacity amid chassis shortages.