Freight Market Update: December 22, 2020
Transpacific eastbound rates hold steady to close the year as carriers grapple with severe equipment shortages across Asia and persistent COVID-19 disruption.
The latest on disruptions, rates, and market shifts
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Freight Market Update: November 10, 2020
Transpacific equipment shortages persist amid strong pre-holiday demand, with GRIs, peak season surcharges, and Felixstowe port congestion fees in effect.
Freight Market Update: October 27, 2020
Sustained strong demand brings a November GRI on Transpacific lanes as worsening Los Angeles port congestion drives chassis shortages and delays in October 2020.
Freight Market Update: July 8, 2020
Ports in Europe and North America faced rising congestion from continued blank sailings, while Transpacific airfreight volumes climbed then dipped.
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: May 27, 2020
Shipping lines seek government aid to weather COVID-19 with varying results across Asia and Europe, plus rate trends for the week of May 27, 2020.
Freight Market Update: May 20, 2020
European ports take the hardest COVID-19 hit as container volumes drop and blank sailings surge ~300% year over year, while US trucking hours of service expand.
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.