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.
The latest on disruptions, rates, and market shifts
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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: 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: 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: November 1, 2023
Carriers call Transatlantic rates unsustainable and brace for more blank sailings as US retailer inventories stay high and Panama Canal levels persist.
Freight Market Update: October 18, 2023
Week of October 18, 2023: Far East-Europe ocean rates stay flat as carriers announce a November 1 GRI and add void sailings to prop up pricing.
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.