
Freight Market Update: June 20, 2018
The EU launches retaliatory tariffs on U.S. goods over steel and aluminum duties as Trump threatens European auto tariffs and shipping costs hit record highs.

The EU launches retaliatory tariffs on U.S. goods over steel and aluminum duties as Trump threatens European auto tariffs and shipping costs hit record highs.

General Rate Increases hit Transpacific and Far East Westbound lanes for May as a new direct India-to-US West Coast ocean service launches in June.
US port drayage faces slowdowns and rising costs in early 2018, driven by winter weather, import volume growth, chassis shortages, and the ELD mandate.

Air freight demand stays extremely high with capacity backlogs across major trade lanes, plus ocean rate trends for the week of November 29, 2017.

Carriers announce blank sailings after China's Golden Week, congestion eases at Prince Rupert, and air rates stay high as capacity tightens.

Ocean and air freight rates for the week of August 30, 2017, plus Hurricane Harvey's impact on Port Houston, trucking, and rail across southeast Texas.

Peak season volatility continues as ocean rates return to pre-peak levels; U.S. East Coast rates stay weak on added capacity while West Coast rates hold stronger.

Ocean carrier alliances reshuffle this month with new service strings, terminals, and sailing dates, boosting capacity and calls to secondary U.S. East Coast ports.