
Freight Market Update: October 31, 2018
Congested UK ports and tight North Europe trucking strain transatlantic westbound capacity as new IMO sulfur emission rules loom, October 31, 2018.

Congested UK ports and tight North Europe trucking strain transatlantic westbound capacity as new IMO sulfur emission rules loom, October 31, 2018.

UK port congestion and tight North Europe trucking capacity push Transatlantic westbound services full two weeks out as carriers announce blank sailings.

The EU launches retaliatory tariffs on U.S. goods over steel and aluminum duties as Trump threatens European auto tariffs and shipping costs hit record highs.

General Rate Increases hit Transpacific, Transatlantic, and Far East lanes in mid-May, while Boeing ramps 767 production to bet on air freight demand.

Carriers announce May and July GRIs across transpacific, transatlantic, and India lanes, plus a new direct India-to-USWC ocean service in June.

Carriers expected the April 1 GRI to hold as Transatlantic westbound space stayed full and Ocean Network Express launched its combined Japanese fleet.

Carriers canceled the March 18 GRI as Asia and India export rates fell, US export rates held steady, and Ocean Network Express prepared its April 1 launch.

Air freight demand stays extremely high with capacity backlogs across major trade lanes, plus ocean rate trends for the week of November 29, 2017.