Freight Market Update: November 17, 2020
Week of November 17, 2020: transpacific and Asia-Europe ocean rates climb on soft GRIs amid worsening equipment and space shortages out of Asia.
The latest on disruptions, rates, and market shifts
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Freight Market Update: November 3, 2020
November GRIs take hold on Transpacific and Asia-Europe lanes as equipment shortages and import-export imbalances worsen through year-end 2020.
Freight Market Update: October 20, 2020
Carrier equipment shortages reach all-time difficult levels with vessels booked beyond capacity on Transpacific and Asia-Europe lanes into Q4 2020.
Freight Market Update: October 13, 2020
Transpacific Eastbound space stays critical with carriers booking above capacity, while Far East Westbound rates rise heading into a slower post-Golden Week period.
Freight Market Update: September 9, 2020
Severe equipment shortages keep Transpacific capacity critical as shippers rush cargo out of Asia ahead of Golden Week, with mid-month GRIs likely on key lanes.
Freight Market Update: June 10, 2020
Blank sailings drift into peak season as COVID-19 keeps ocean demand low, prompting carriers to manage capacity and hold up rates, June 10, 2020.
Freight Market Update: April 8, 2020
Shipping lines cancel over 160 sailings on Asia-Europe and Transpacific routes as COVID-19 destabilizes demand and medical suppliers win clearance.
Freight Market Update: February 26, 2020
Flexport tracks how the COVID-19 outbreak slows China manufacturing, triggering mass blank sailings and looming equipment shortages at major ports.