
Freight Market Update: March 28, 2023
Far East Westbound demand drops on inflation and inventory overages while Asia-Europe and Asia-North America air routes see soft demand and falling rates.

Far East Westbound demand drops on inflation and inventory overages while Asia-Europe and Asia-North America air routes see soft demand and falling rates.

Transpacific eastbound ocean rates soften amid low demand and easing congestion, as Flexport shares TPM 2023 insights and previews the 2023 ocean RFP season.

Transpacific demand sees minor rate easing around Lunar New Year as LNY hikes are avoided and Vancouver dwell times stay stable, in the update for January 24, 2023.

Transpacific rates keep falling into Golden Week on weak demand as a U.S. railroad strike is averted and port congestion stays under control, for September 20, 2022.

Ocean and air freight rates with customs and COVID-19 news for May 10, 2022, as Shanghai lockdowns persist and a demand spike is expected once they ease.

Congestion eases at U.S. destination ports while Shanghai's COVID-19 lockdown grips manufacturing, plus duty drawback tips, in the update for May 3, 2022.

Flexport explored common supply chain bottlenecks for fast-growth retail and ecommerce brands battling shipping delays, port congestion, and capacity limits.

Schedule delays remain severe on transpacific eastbound as carriers clear aged Lunar New Year cargo and the premium ocean market stays strong.