Freight Market Update: June 8, 2021
Schedule reliability collapses as COVID outbreaks disrupt Yantian and labor, while congested ports like Oakland and tight space choke the ocean market.
Schedule reliability collapses as COVID outbreaks disrupt Yantian and labor, while congested ports like Oakland and tight space choke the ocean market.
Transpacific timelines keep slipping as delays compound across every shipment leg, pushing shippers toward smarter ocean-air modal mixes.
Week of May 25, 2021: the transpacific eastbound market keeps heating up with strong demand and no slowdown in sight as space stays tight.
The Transpacific eastbound ocean market runs red hot as demand intensifies, while Flexport experts cover customs enforcement and the stressed ocean market.
The transpacific eastbound capacity crunch pushes into June amid extreme ocean market scarcity, with State of Trade and ocean webinars ahead.
A capacity crisis overwhelms ocean and ground as record US imports, equipment shortages, and Suez Canal blank sailings push May 2021 rates higher.
The 2021 contract season opens with record congestion and demand, rising rates, and Suez fallout hitting U.S. East Coast lanes, per the April 27, 2021 update.
Suez Canal fallout strains the US East Coast and inland points, lifting Asia-Europe rates as transloading becomes essential to avoid mounting USEC challenges.