Freight Market Update: April 8, 2020
Shipping lines cancel over 160 sailings on Asia-Europe and Transpacific routes as COVID-19 destabilizes demand and medical suppliers win clearance.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 25, 2020
As China restarts production, COVID-19 worker quarantines, container shortages, and terminal closures threaten cargo pile-ups at Western ports in March 2020.
Freight Market Update: March 11, 2020
As the WHO declares COVID-19 a pandemic, supply chains deepen their strain and a container shortage in China disrupts US agricultural exports.
Freight Market Update: February 12, 2020
The coronavirus outbreak tanks ocean shipping as supply chains struggle to recover after Chinese New Year, with shipping stock prices collapsing amid disruption.
Freight Market Update: February 5, 2020
Coronavirus cancelled over 90% of China passenger flights, tightening TPEB and FEWB air capacity, while blank sailings rose 20-30% above normal.
Freight Market Update: January 8, 2020
Week of January 8, 2020: IMO 2020 low-sulfur fuel surcharges raise shipper price-gouging concerns and the EPA plans its Cleaner Trucks Initiative.
Freight Market Update: November 13, 2019
U.S. inbound containers drop 14% at LA and Long Beach after tariff-driven inventory loading, and Adidas shifts Speedfactory to Asia, for November 13, 2019.
Freight Market Update: October 16, 2019
Ocean peak season goes missing as inventory front-loading ahead of tariffs and shifting production to Southeast Asia keep Transpacific spot rates trending low.