Freight Market Update: August 17, 2021
Carriers restrict TPEB bookings on IPI corridors as a COVID outbreak shuts a Ningbo terminal, underscoring fragile transpacific capacity in August 2021.
Carriers restrict TPEB bookings on IPI corridors as a COVID outbreak shuts a Ningbo terminal, underscoring fragile transpacific capacity in August 2021.
Transpacific markets climbed into peak season with port congestion, blank sailings, and rate hikes, as Convoy extended Flexport's full truckload network.
Schedule reliability collapses as COVID outbreaks disrupt Yantian and labor, while congested ports like Oakland and tight space choke the ocean market.
The Transpacific eastbound ocean market runs red hot as demand intensifies, while Flexport experts cover customs enforcement and the stressed ocean market.
A capacity crisis overwhelms ocean and ground as record US imports, equipment shortages, and Suez Canal blank sailings push May 2021 rates higher.
Transpacific rates hold steady amid tight space and equipment, with Southeast Asia and Taiwan remaining the most difficult origins, March 23, 2021.
Ocean and air freight rates with customs and COVID-19 news for March 16, 2021, as contract seasons shift and equipment shortages keep U.S. lanes tight.
Transpacific ocean rates ease as space and equipment open up from Greater China, with guidance on navigating RFP season versus the volatile spot market.