Freight Market Update: December 13, 2023
Global air cargo tonnages rebound after Thanksgiving as experts preview Panama Canal, Transpacific, and Middle East trade lane updates, December 13, 2023.
The latest on disruptions, rates, and market shifts
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Freight Market Update: December 6, 2023
Panama Canal bypass reroutes US export services to Asia, while weak demand and overcapacity push Transatlantic spot rates well below 2019 levels.
Freight Market Update: November 29, 2023
U.S. inland rail ramps face equipment shortages from weak Midwest imports, while extended November ocean rates hold ahead of India's Q1 peak season.
Freight Market Update: November 22, 2023
December Transpacific rates are expected to rise after heavy November blank sailings, while the Far East Westbound market stays flat with slight rate declines.
Freight Market Update: November 15, 2023
Carriers pushed December TPWB rate increases as 2M reshuffled US services and weak Asia-Europe demand led some lines to consider suspending winter loops.
Freight Market Update: November 8, 2023
Panama Canal draft and transit restrictions persist after the driest October since 1950, with vessel crossings capped at 31 per day amid low Lake Gatun levels.
Freight Market Update: November 1, 2023
Carriers call Transatlantic rates unsustainable and brace for more blank sailings as US retailer inventories stay high and Panama Canal levels persist.
Freight Market Update: October 25, 2023
The Panama Canal cuts daily transits to 31, risking 2-3 day delays, while record-low Amazon River levels in Brazil disrupt LATAM ocean routings.