Freight Market Update: December 13, 2023
Global air cargo tonnages rebound after Thanksgiving as experts preview Panama Canal, Transpacific, and Middle East trade lane updates, December 13, 2023.
The latest on disruptions, rates, and market shifts
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Freight Market Update: November 22, 2023
December Transpacific rates are expected to rise after heavy November blank sailings, while the Far East Westbound market stays flat with slight rate declines.
Freight Market Update: November 15, 2023
Carriers pushed December TPWB rate increases as 2M reshuffled US services and weak Asia-Europe demand led some lines to consider suspending winter loops.
Freight Market Update: October 25, 2023
The Panama Canal cuts daily transits to 31, risking 2-3 day delays, while record-low Amazon River levels in Brazil disrupt LATAM ocean routings.
Freight Market Update: September 27, 2023
Golden Week blank sailings reshape Transpacific and Asia-Europe capacity as Panama Canal weight limits hold steady for late September 2023.
Freight Market Update: September 6, 2023
ONE launches a new LATAM northbound FLX service, carriers blank sail ahead of Golden Week, and Tropical Storm Lee threatens U.S. East Coast shipping. Brazil export volumes are rising, with GRIs in effect across major ocean carriers.
Freight Market Update: August 23, 2023
Hurricane Hilary has shut Union Pacific and BNSF mainlines between Southern California and Texas, with restoration expected by 8/25. Soft U.S. export demand, flat Far East westbound volumes, and a Brazil peak-season GRI round out this week's freight update.
Freight Market Update: August 9, 2023
ILWU Canada ratifies new deal, clearing port backlogs. Tropical Storm Khanun threatens Busan operations Aug 9–11, while carriers roll out GRIs across all ocean lanes on Aug 15.