Freight Market Update: March 9, 2021
Transpacific ocean rates ease as space and equipment open up from Greater China, with guidance on navigating RFP season versus the volatile spot market.
The latest on disruptions, rates, and market shifts
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Freight Market Update: February 16, 2021
Transpacific rates held at first-half February levels with strong demand into spring, persistent equipment shortages, and the need for advance booking.
Freight Market Update: February 2, 2021
Carriers hold off on a February GRI as equipment and space remain the biggest challenges, with COVID outbreaks hitting LA and Long Beach ports.
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: October 27, 2020
Sustained strong demand brings a November GRI on Transpacific lanes as worsening Los Angeles port congestion drives chassis shortages and delays in October 2020.
Freight Market Update: October 6, 2020
Transpacific rates hold steady as carriers waive GRIs and pull 8.4% of capacity in early October's slack season, amid equipment shortages for October 6, 2020.
Freight Market Update: September 29, 2020
Ocean and air freight rates with customs and COVID-19 news for September 29, 2020, as transpacific rates ease, October GRIs waive, and capacity returns.
Freight Market Update: September 16, 2020
Transpacific rates rise on September GRIs and carriers stop accepting bookings as shippers rush cargo out of China at peak of peak season, September 16, 2020.