
Freight Market Update: May 29, 2019
The BCMEA announces a lockout across all British Columbia ports while the Hari Raya holiday threatens shipping delays across Indonesia, Malaysia, and Singapore.

The BCMEA announces a lockout across all British Columbia ports while the Hari Raya holiday threatens shipping delays across Indonesia, Malaysia, and Singapore.

The Hari Raya holiday threatens Southeast Asia shipping delays while Panama Canal draft restrictions limit vessel weight amid low lake levels in May 2019.

Super Typhoon Trami nears Japan and blank sailings keep ocean space tight as carriers cancel departures in the freight market update for September 26, 2018.

Low ocean capacity rolled thousands of containers as importers rushed ahead of Trump tariffs and typhoons, while India's monsoon season threatened delays.

Carriers announce May and July GRIs across transpacific, transatlantic, and India lanes, plus a new direct India-to-USWC ocean service in June.

General Rate Increases hit Transpacific and Far East Westbound lanes for May as a new direct India-to-US West Coast ocean service launches in June.

Planned US steel and aluminum tariffs could boost Asia-Oceania trade demand, while an April 1 GRI takes effect across Asia-to-US and Asia-to-Europe lanes.

Ocean rates fall this week as the March 1 GRI is canceled, while ONE prepares its April 1 launch integrating three major Japanese carriers.