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.
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Freight Market Update: January 26, 2021
Pre-Lunar New Year space is largely assigned on Transpacific lanes while Asia-Europe rates stay elevated amid extended GRIs for late January 2021.
Freight Market Update: January 19, 2021
Transpacific January GRIs come in soft as premium space stays the best bet for equipment, with Flexport webinars on post-Brexit UK-EU trade and 2021 ocean.
Freight Market Update: January 12, 2021
Booking demand keeps growing across all services as Transpacific rates hold steady and Asia-Europe rates surge in the freight market update for January 12, 2021.
Freight Market Update: January 5, 2021
Carriers implement strong January GRIs as Transpacific and Far East booking backlogs grow ahead of Chinese New Year, with premium services equally strained.
Freight Market Update: December 29, 2020
Carriers signal a substantial transpacific rate increase as equipment shortages and congestion at Asian ports push out planned vessel departures.
Freight Market Update: December 22, 2020
Transpacific eastbound rates hold steady to close the year as carriers grapple with severe equipment shortages across Asia and persistent COVID-19 disruption.
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.