Freight Market Update: March 28, 2023
Far East Westbound demand drops on inflation and inventory overages while Asia-Europe and Asia-North America air routes see soft demand and falling rates.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 21, 2023
Easing port congestion drives declining Transatlantic and LATAM rates as Asia air capacity returns to pre-COVID levels and US rail ramps move smoothly.
Freight Market Update: March 14, 2023
Week of March 14, 2023: carriers try to recover transpacific eastbound rates amid low volumes, with April GRIs in play across a soft market.
Freight Market Update: March 7, 2023
Transpacific eastbound ocean rates soften amid low demand and easing congestion, as Flexport shares TPM 2023 insights and previews the 2023 ocean RFP season.
Freight Market Update: February 28, 2023
Transpacific eastbound rates soften amid low demand as weekly blank sailings remove about 30% of capacity and delays and congestion ease.
Freight Market Update: February 21, 2023
Transpacific capacity stays open post-Lunar New Year as routine blank sailings continue, with Canada conditions mirroring the U.S. market.
Freight Market Update: February 14, 2023
Transpacific eastbound capacity stays open after Lunar New Year as routine blank sailings continue and Vancouver dwell counts hold steady in February 2023.
Freight Market Update: February 7, 2023
Transpacific capacity stays open after Lunar New Year with routine blank sailings to stabilize rates and stable Vancouver conditions, per the February 7, 2023 update.