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.
The latest on disruptions, rates, and market shifts
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Freight Market Update: September 21, 2021
Transpacific congestion returns to peak severity with 70-plus ships anchored at LA/Long Beach, pushing premium rates to all-time highs amid Brexit trucking woes.
Freight Market Update: September 14, 2021
Some carriers pause Transpacific rate increases after months of all-time-high premiums, while labor strains, extreme congestion, and Covid keep markets tight.
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 31, 2021
Week of August 31, 2021: transpacific congestion worsens on weather, pre-holiday demand, and COVID-19 disruptions, with reduced capacity and blank sailings.
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.
Freight Market Update: August 17, 2021
Carriers restrict TPEB bookings on IPI corridors as a COVID outbreak shuts a Ningbo terminal, underscoring fragile transpacific capacity in August 2021.
Freight Market Update: August 10, 2021
Carriers implement peak season and congestion surcharges on Transpacific Eastbound as high demand and tight capacity keep moving freight rates at premium levels.