Freight Market Update: March 2, 2021
Transpacific Eastbound rates ease and space opens at FAK levels from Greater China to the U.S. West Coast, while Far East Westbound GRIs are largely extended.
The latest on disruptions, rates, and market shifts
Discover more logistics updates
Freight Market Update: February 23, 2021
Transpacific and Asia-Europe ocean rates hold at high but stable levels through February, with carriers urging premium services to secure space and equipment.
Freight Market Update: February 9, 2021
Transpacific ocean rates hold steady as shippers rush cargo before Chinese New Year, with strong post-CNY demand expected to continue at pace through March.
Freight Market Update: January 26, 2021
Pre-Lunar New Year space is largely assigned on Transpacific lanes while Asia-Europe rates stay elevated amid extended GRIs for late January 2021.
Freight Market Update: December 29, 2020
Carriers signal a substantial transpacific rate increase as equipment shortages and congestion at Asian ports push out planned vessel departures.
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.
Freight Market Update: December 15, 2020
Transpacific eastbound rates rise on persistent equipment imbalances as South China feeder port stoppages halt new bookings into year-end 2020.
Freight Market Update: November 24, 2020
Transpacific rates hold steady while equipment shortages hit Ningbo hardest, and Asia-to-Europe rates climb with new GRIs implemented for December.