Freight Market Update: October 11, 2023
The European Commission will let the Consortia Block Exemption Regulation lapse in 2024, while Port of Montreal longshoremen and employers continue labor talks.
The latest on disruptions, rates, and market shifts
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Freight Market Update: October 18, 2023
Week of October 18, 2023: Far East-Europe ocean rates stay flat as carriers announce a November 1 GRI and add void sailings to prop up pricing.
Freight Market Update: October 4, 2023
Typhoon Koinu threatens southern Taiwan with air delays and vessel disruptions as it tracks across the Taiwan Strait through early October.
Freight Market Update: September 27, 2023
Golden Week blank sailings reshape Transpacific and Asia-Europe capacity as Panama Canal weight limits hold steady for late September 2023.
Freight Market Update: April 4, 2023
Transpacific capacity stayed oversupplied as carriers added blank sailings, Transatlantic rates fell on weak demand, and imports shifted to the US East Coast.
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.
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.