Freight Market Update: February 14, 2024
Transatlantic westbound rates jump $500/TEU as Red Sea surcharges take hold, with further increases expected in March amid tight equipment across Europe.
The latest on disruptions, rates, and market shifts
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Freight Market Update: February 7, 2024
Global air cargo capacity rises 10% over 2019 as Red Sea crisis and Lunar New Year lift transpacific and Asia-Europe air yields into late January.
Freight Market Update: February 1, 2024
Red Sea disruptions push Asia-Europe cargo from sea to air as global air demand jumps and ocean spot rates triple in early February 2024.
Freight Market Update: January 24, 2024
Global air cargo volumes rebound strongly in early 2024, lifted by Asia-Europe demand and Red Sea shipping disruptions, in the January 24, 2024 update.
Freight Market Update: January 17, 2024
The Red Sea situation drives Transatlantic rate increases and pushes carriers including the Ocean Alliance and 2M to cut capacity through blank sailings.
Freight Market Update: January 10, 2024
The first Freight Market Update of 2024 is a special RFP edition with webinars, an RFP Preparation Hub, and resources to plan a successful RFP season.
Freight Market Update: December 19, 2023
Freight Market Update for December 19, 2023, as Red Sea attacks push ocean carriers to halt Suez Canal transits and reroute around the Cape of Good Hope.
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.