
Freight Market Update: February 22, 2022
Schedule delays remain severe on transpacific eastbound as carriers clear aged Lunar New Year cargo and the premium ocean market stays strong.

Schedule delays remain severe on transpacific eastbound as carriers clear aged Lunar New Year cargo and the premium ocean market stays strong.
Carriers brace for strong post-Lunar New Year Transpacific demand as low inventories, severe congestion, and trucking shortages persist into 2022.
Transpacific schedule reliability hits historic lows as severe congestion and trucking shortages persist, with shippers still paying premium rates for space.
Port congestion piles up on both U.S. coasts with Charleston spiking as shippers pay premiums for scarce space ahead of CNY, in the update for January 25, 2022.
Ocean and air freight rates with customs and COVID-19 news for January 18, 2022, as West Coast vessel dwell times stay critical ahead of Chinese New Year.
Worsening congestion at LA and Long Beach leaves 120-plus vessels waiting to berth, forcing carriers to limit bookings for local deliveries, January 11, 2022.
Strong import volumes are forecast for early 2022 as limited capacity and pre-Chinese New Year demand drive expected January rate increases on Transpacific.
Demand stays strong on transpacific eastbound with tightening capacity as roughly 15% of December space becomes unavailable due to congestion.