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.
The latest on disruptions, rates, and market shifts
Discover more logistics updates
Freight Market Update: June 6, 2024
Canada faces potential border-agent and rail labor disruptions as CBSA reaches a legal strike position and CN and CPKC rail negotiations head toward arbitration.
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 16, 2024
Red Sea reroutings via the Cape of Good Hope strain schedules as strong demand and another GRI push Asia-Europe ocean rates up, per the May 16, 2024 update.
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: May 2, 2024
Ocean capacity from India to the U.S. East Coast is widely available while U.S. West Coast space tightens after Red Sea disruptions, in the update for May 2, 2024.
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.