
Freight Market Update: February 5, 2020
Coronavirus cancelled over 90% of China passenger flights, tightening TPEB and FEWB air capacity, while blank sailings rose 20-30% above normal.

Coronavirus cancelled over 90% of China passenger flights, tightening TPEB and FEWB air capacity, while blank sailings rose 20-30% above normal.

Carriers blank Asia-Europe sailings to tighten capacity and lift rates while UK ports stay congested in the freight market update for April 10, 2019.

UK ports stay severely congested, tightening trucking capacity, while THE Alliance revamps its Asia-Europe service network for after Chinese New Year 2019.

UK ports remain extremely congested, tightening trucking capacity, while the revived AE2/Swan Asia-North Europe loop holds carrier rate hikes in check.

Transpacific space is full into late September with blank sailings ahead of Golden Week, plus equipment shortages and European port delays for September 5, 2018.

Shippers push back on new bunker surcharges from MSC, Maersk, and CMA CGM as Trans-Pacific spot rates post their first year-over-year gain of 2018.

Carriers canceled the March 18 GRI as Asia and India export rates fell, US export rates held steady, and Ocean Network Express prepared its April 1 launch.

Carriers cancel the March 1 GRI and push the March 15 increase to March 18 as Asia-US rates decline and ONE prepares its April 1 launch.