Freight Market Update: August 30, 2022
Transpacific rates, volume, and demand keep falling on over-ordering, yet blank sailings, port congestion, and US intermodal delays still hurt reliability.
Transpacific rates, volume, and demand keep falling on over-ordering, yet blank sailings, port congestion, and US intermodal delays still hurt reliability.
Transpacific ocean rates, volume, and demand keep falling as the cyclical peak season is pushed off, though blank sailings and congestion hit reliability.
Transpacific rates and volumes keep falling as the cyclical peak season is pushed off, while blank sailings, port congestion, and intermodal delays linger.
Transpacific spot rates kept falling as blank sailings rose, schedule reliability stayed low, and inland terminals neared capacity amid chassis shortages.
Transpacific Eastbound spot rates keep falling as blank sailings rise, schedule reliability stays low, and container dwell and inland inventory reach capacity.
Spot rates keep falling as blank sailings rise, schedule reliability stays low, and chassis shortages ground-stack containers at Chicago rail in July 2022.
Transpacific floating rates keep falling despite rising bunker fuel costs as importers chase short-term spot savings over fixed-rate contracts.
Week of July 12, 2022: transpacific eastbound rates keep falling and capacity stays open as a true peak season looks increasingly uncertain.