Freight Market Update: July 5, 2022
Floating Transpacific eastbound rates stay low versus fixed contracts as vessel capacity opens, while chassis shortages and ILWU-PMA labor talks pose risks.
The latest on disruptions, rates, and market shifts
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Freight Market Update: June 28, 2022
East coast congestion and intermodal challenges persist as spot rates fall below long-term rates and ILWU-PMA labor talks loom on the West Coast.
Freight Market Update: June 21, 2022
Transpacific eastbound rates fall further as space opens and reliability returns, with Shanghai recovering from lockdowns for late June 2022.
Freight Market Update: June 14, 2022
Transpacific rates keep falling on soft demand as Shanghai shipping resumes post-lockdown and ILWU-PMA labor talks loom, per the June 14, 2022 update.
Freight Market Update: June 7, 2022
Shanghai reopens after two months of COVID-19 lockdowns as manufacturing resumes, while Transpacific eastbound demand stays soft amid lingering uncertainty.
Freight Market Update: May 31, 2022
Transpacific capacity remains up for grabs as China lockdowns ease and ILWU-PMA labor negotiations continue, with signs pointing to worsening congestion.
Freight Market Update: May 24, 2022
Transpacific space opens as demand softens amid Shanghai COVID impacts, while ILWU and PMA West Coast port labor negotiations continue under close watch.
Freight Market Update: May 17, 2022
Shanghai reopening uncertainty and looming ILWU labor negotiations cloud the Transpacific Eastbound market outlook amid COVID restrictions, May 17, 2022.