Freight Market Update: July 3, 2024
Transpacific Eastbound volumes stay strong but Cape of Good Hope routings and Asia and North America port congestion drive blank sailings and premium service demand.
The latest on disruptions, rates, and market shifts
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Freight Market Update: June 27, 2024
Transpacific volumes stay strong despite blank sailings from Cape of Good Hope routings and Asia and North America port congestion as June GRIs take effect.
Freight Market Update: June 20, 2024
Transpacific volumes stay strong as Cape of Good Hope routings and port congestion drive blank sailings, with carriers maintaining June GRIs.
Freight Market Update: June 13, 2024
Week of June 13, 2024: strong transpacific volumes and Cape of Good Hope routings drive blank sailings, port congestion, and rising ocean rates.
Freight Market Update: May 30, 2024
Transpacific eastbound ocean freight enters peak conditions as May imports rise 6.8% YoY and carriers push successive $1,000 GRIs across gateways.
Freight Market Update: May 23, 2024
Transpacific eastbound ocean freight enters peak conditions as May US imports rise 6.8% YoY and carriers push fresh $1000 GRIs in late May 2024.
Freight Market Update: May 9, 2024
A strong May 1 GRI lifts Transpacific spot rates on robust US demand, while a possible Canadian railroad strike from May 22 raises new disruption concerns.
Freight Market Update: April 25, 2024
Freight Market Update for April 25, 2024, as congestion builds at Vancouver and Prince Rupert and fog closures tighten transpacific space ahead of a GRI.