Freight Market Update: May 23, 2024
Transpacific eastbound ocean freight enters peak conditions as May US imports rise 6.8% YoY and carriers push fresh $1000 GRIs in late May 2024.
The latest on disruptions, rates, and market shifts
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Freight Market Update: April 18, 2024
Red Sea reroutes send Asia-Europe vessels around the Cape of Good Hope, cutting early-May capacity by up to 13% as carriers implement GRIs, April 18, 2024.
Freight Market Update: April 4, 2024
Red Sea diversions via the Cape of Good Hope keep disrupting Asia-Europe schedules as carriers implement GRIs to halt a nine-week rate decline.
Freight Market Update: February 22, 2024
Week of February 22, 2024: China's inbound air cargo tonnage drops 15% around Lunar New Year while average global air rates hold steady or rise.
Freight Market Update: February 7, 2024
Global air cargo capacity rises 10% over 2019 as Red Sea crisis and Lunar New Year lift transpacific and Asia-Europe air yields into late January.
Freight Market Update: October 4, 2023
Typhoon Koinu threatens southern Taiwan with air delays and vessel disruptions as it tracks across the Taiwan Strait through early October.
Freight Market Update: September 27, 2023
Golden Week blank sailings reshape Transpacific and Asia-Europe capacity as Panama Canal weight limits hold steady for late September 2023.
Freight Market Update: October 11, 2022
Transpacific eastbound demand stays flat after Golden Week as carriers blank sailings to remove capacity and US port congestion lingers in October 2022.