Freight Market Update: April 20, 2021
Suez Canal fallout strains the US East Coast and inland points, lifting Asia-Europe rates as transloading becomes essential to avoid mounting USEC challenges.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 30, 2021
Carriers monitor the Suez Canal blockage's impact on US East Coast capacity and rates, with slight increases expected on Transpacific and Asia-Europe lanes.
Freight Market Update: March 23, 2021
Transpacific rates hold steady amid tight space and equipment, with Southeast Asia and Taiwan remaining the most difficult origins, March 23, 2021.
Freight Market Update: March 16, 2021
Ocean and air freight rates with customs and COVID-19 news for March 16, 2021, as contract seasons shift and equipment shortages keep U.S. lanes tight.
Freight Market Update: March 9, 2021
Transpacific ocean rates ease as space and equipment open up from Greater China, with guidance on navigating RFP season versus the volatile spot market.
Freight Market Update: March 2, 2021
Transpacific Eastbound rates ease and space opens at FAK levels from Greater China to the U.S. West Coast, while Far East Westbound GRIs are largely extended.
Freight Market Update: February 23, 2021
Transpacific and Asia-Europe ocean rates hold at high but stable levels through February, with carriers urging premium services to secure space and equipment.
Freight Market Update: February 16, 2021
Transpacific rates held at first-half February levels with strong demand into spring, persistent equipment shortages, and the need for advance booking.