Freight Market Update: December 8, 2020
Transpacific rates rise on persistent equipment shortages and container imbalances in Asia, with carrier backlogs growing, per the December 8, 2020 update.
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Freight Market Update: December 1, 2020
Transpacific rates edge up on equipment imbalances and growing carrier backlogs, with severe container shortages in Asia ahead of Chinese New Year demand.
Freight Market Update: November 24, 2020
Transpacific rates hold steady while equipment shortages hit Ningbo hardest, and Asia-to-Europe rates climb with new GRIs implemented for December.
Freight Market Update: November 10, 2020
Transpacific equipment shortages persist amid strong pre-holiday demand, with GRIs, peak season surcharges, and Felixstowe port congestion fees in effect.
Freight Market Update: November 17, 2020
Week of November 17, 2020: transpacific and Asia-Europe ocean rates climb on soft GRIs amid worsening equipment and space shortages out of Asia.
Freight Market Update: November 3, 2020
November GRIs take hold on Transpacific and Asia-Europe lanes as equipment shortages and import-export imbalances worsen through year-end 2020.
Freight Market Update: October 20, 2020
Carrier equipment shortages reach all-time difficult levels with vessels booked beyond capacity on Transpacific and Asia-Europe lanes into Q4 2020.
Freight Market Update: October 27, 2020
Sustained strong demand brings a November GRI on Transpacific lanes as worsening Los Angeles port congestion drives chassis shortages and delays in October 2020.