Freight Market Update: January 25, 2022
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.
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.
Pre-Chinese New Year cargo rush pushes premium Transpacific rates even higher, as experts preview the key trade and economic indicators to watch in 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.
Transpacific capacity stays constrained with rate increases looming as pre-Chinese New Year demand and fresh Covid cases in Zhejiang threaten urgent cargo.
Transpacific space tightens through end of 2021 as carriers add blank sailings amid congestion delays and COVID restrictions, per the December 7, 2021 update.
Demand stays strong on transpacific eastbound with tightening capacity as roughly 15% of December space becomes unavailable due to congestion.