Freight Market Update: August 19, 2020
A glut of idle oil tankers causes severe congestion off northern Chinese ports, while a synced platoon of self-driving trucks makes its debut commercial delivery.
The latest on disruptions, rates, and market shifts
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Freight Market Update: August 12, 2020
Week of August 12, 2020: ocean and air freight amid COVID-19, as overstocked businesses turn to buy-and-hold firms to free up cash from excess inventory.
Freight Market Update: August 5, 2020
A shift to online holiday shopping drives temporary warehouse demand while migrating COVID-19 spikes continue to squeeze air freight capacity.
Freight Market Update: July 29, 2020
New cargo ship orders hit lows amid COVID-19 trade uncertainty and emissions concerns, while IATA pushes back its air travel recovery timeline.
Freight Market Update: July 15, 2020
Two U.S. representatives introduce a Maritime Transportation System Emergency Relief Act to aid ports during COVID-19, as borders reopen for stranded seafarers.
Freight Market Update: July 22, 2020
Severe flooding overwhelms key Yangtze River ports as China hits its top flood alert, while tight air capacity returns amid the COVID-19 recovery in July 2020.
Freight Market Update: July 1, 2020
Rolling short-term ocean contracts gain popularity as capacity stays volatile post-COVID, while shipowners slow decarbonization efforts amid market uncertainty.
Freight Market Update: July 8, 2020
Ports in Europe and North America faced rising congestion from continued blank sailings, while Transpacific airfreight volumes climbed then dipped.