
Freight Market Update: September 5, 2024
Asia departures stay strong on extra-loader capacity, but softening demand, Cape of Good Hope blank sailings, and port congestion cloud the Transpacific outlook.

Asia departures stay strong on extra-loader capacity, but softening demand, Cape of Good Hope blank sailings, and port congestion cloud the Transpacific outlook.

Transpacific Eastbound volumes stay strong but Cape of Good Hope routings and Asia and North America port congestion drive blank sailings and premium service demand.

Ocean capacity from India to the U.S. East Coast is widely available while U.S. West Coast space tightens after Red Sea disruptions, in the update for May 2, 2024.

Global air cargo tonnages rebound after Thanksgiving as experts preview Panama Canal, Transpacific, and Middle East trade lane updates, December 13, 2023.

U.S. inland rail ramps face equipment shortages from weak Midwest imports, while extended November ocean rates hold ahead of India's Q1 peak season.

Carriers plan routine blank sailings into Q1 2023 to curb excess capacity as Transpacific rates to the U.S. East and Gulf Coasts continue to soften.
Pandemic dislocations push companies to explore Southeast Asia sourcing as ocean upheaval reshapes air freight strategies, July 20, 2021.
Transpacific rates edge up on equipment imbalances and growing carrier backlogs, with severe container shortages in Asia ahead of Chinese New Year demand.