TAWB rates have stabilized below pre-pandemic levels, while TPEB capacity slips to 514k TEU. CPKC adds 1,000 refrigerated containers to its intermodal network, and South American eastbound vessel utilization picks up ahead of peak season.
TAWB rates have stabilized below pre-pandemic levels, while TPEB capacity slips to 514k TEU. CPKC adds 1,000 refrigerated containers to its intermodal network, and South American eastbound vessel utilization picks up ahead of peak season.
Ocean and air freight markets are softening, with low rates and open capacity on transpacific and Far East westbound lanes. SMBs can use this window to cut costs, diversify partners, and build supply chain resilience ahead of an expected Q3 rebound.
IMO 2023 compliance is cutting effective ocean capacity, while Shanghai Pudong runway work squeezes air freight to the US and EU through June. Flexport's expert voice covers how sustainable marine biofuels can cut shipping emissions by over 80%.