
Market Update: April 11, 2018
Ocean, air, and trucking freight trends for the week of April 11, 2018, including an April 15 TPEB GRI and the launch of carrier ONE.

Ocean, air, and trucking freight trends for the week of April 11, 2018, including an April 15 TPEB GRI and the launch of carrier ONE.

Carriers expected the April 1 GRI to hold as Transatlantic westbound space stayed full and Ocean Network Express launched its combined Japanese fleet.

Planned US steel and aluminum tariffs could boost Asia-Oceania trade demand, while an April 1 GRI takes effect across Asia-to-US and Asia-to-Europe lanes.

Carriers canceled the March 18 GRI as Asia and India export rates fell, US export rates held steady, and Ocean Network Express prepared its April 1 launch.

Ocean rates dip as an April GRI looms and ONE launches April 1, while the China air market heats up heading into spring shipping season.

Ocean rates fall this week as the March 1 GRI is canceled, while ONE prepares its April 1 launch integrating three major Japanese carriers.

Carriers cancel the March 1 GRI and push the March 15 increase to March 18 as Asia-US rates decline and ONE prepares its April 1 launch.

Ocean and air freight market update for February 21, 2018, with rates to the U.S. down slightly and tight space set to ease after Chinese New Year.