Freight Market Update: December 14, 2021
Transpacific capacity stays constrained with rate increases looming as pre-Chinese New Year demand and fresh Covid cases in Zhejiang threaten urgent cargo.
The latest on disruptions, rates, and market shifts
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Freight Market Update: November 9, 2021
A post-Golden Week lull leads into a pre-Chinese New Year rush as Transpacific demand ramps, keeping ocean rates elevated amid reduced capacity and congestion.
Freight Market Update: October 19, 2021
Transpacific premium and extra loader markets soften on dipping demand as Flexport surveys exporters on China electricity rationing, for October 19, 2021.
Freight Market Update: October 12, 2021
Transpacific rate uncertainty grows as Golden Week and China power restrictions cut demand, while port congestion pushes carriers to smaller U.S. ports.
Freight Market Update: October 5, 2021
Ocean and air freight rates with customs and COVID-19 news for October 5, 2021, as transpacific rates soften on Golden Week and China power constraints.
Freight Market Update: September 28, 2021
Transpacific congestion worsens with roughly 70 vessels waiting at LA/Long Beach and 150 at Shanghai and Ningbo as peak season demand persists.
Freight Market Update: September 7, 2021
Transpacific capacity stayed constrained against peak-season demand as shippers paid record premiums amid labor strains, congestion, and COVID disruptions.
Freight Market Update: August 24, 2021
Peak season strains Transpacific capacity through Chinese New Year 2022 as delays, congestion, and blank sailings keep space tight and rates high.