Freight Market Update: February 12, 2020
The coronavirus outbreak tanks ocean shipping as supply chains struggle to recover after Chinese New Year, with shipping stock prices collapsing amid disruption.
The latest on disruptions, rates, and market shifts
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Freight Market Update: February 5, 2020
Coronavirus cancelled over 90% of China passenger flights, tightening TPEB and FEWB air capacity, while blank sailings rose 20-30% above normal.
Freight Market Update: January 29, 2020
As the Wuhan Coronavirus disrupts business, airlines cancel China flights and blank sailings emerge, signaling volatile air cargo rates and climbing prices.
Freight Market Update: January 15, 2020
The Phase 1 U.S.-China deal keeps 25% tariffs on bikes and many goods, while research predicts continued container shipping overcapacity in 2020.
Freight Market Update: December 25, 2019
China announces January tariff cuts on over 850 products while Mexico expands freight truck restrictions in the Guadalajara metropolitan area.
Freight Market Update: November 13, 2019
U.S. inbound containers drop 14% at LA and Long Beach after tariff-driven inventory loading, and Adidas shifts Speedfactory to Asia, for November 13, 2019.
Freight Market Update: November 20, 2019
INTERCARGO warns of scarce IMO 2020-compliant low-sulphur fuel as the deadline nears, while top Chinese companies beat trade war earnings predictions.
Freight Market Update: October 9, 2019
Amid the US-China trade war and IMO 2020, Europe floated a carbon border tax while the IMF warned of a synchronized global economic slowdown.