Freight Market Update: April 4, 2023
Transpacific capacity stayed oversupplied as carriers added blank sailings, Transatlantic rates fell on weak demand, and imports shifted to the US East Coast.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 28, 2023
Far East Westbound demand drops on inflation and inventory overages while Asia-Europe and Asia-North America air routes see soft demand and falling rates.
Freight Market Update: March 21, 2023
Easing port congestion drives declining Transatlantic and LATAM rates as Asia air capacity returns to pre-COVID levels and US rail ramps move smoothly.
Freight Market Update: March 14, 2023
Week of March 14, 2023: carriers try to recover transpacific eastbound rates amid low volumes, with April GRIs in play across a soft market.
Freight Market Update: March 7, 2023
Transpacific eastbound ocean rates soften amid low demand and easing congestion, as Flexport shares TPM 2023 insights and previews the 2023 ocean RFP season.
Freight Market Update: February 28, 2023
Transpacific eastbound rates soften amid low demand as weekly blank sailings remove about 30% of capacity and delays and congestion ease.
Freight Market Update: February 21, 2023
Transpacific capacity stays open post-Lunar New Year as routine blank sailings continue, with Canada conditions mirroring the U.S. market.
Freight Market Update: February 14, 2023
Transpacific eastbound capacity stays open after Lunar New Year as routine blank sailings continue and Vancouver dwell counts hold steady in February 2023.