
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.

Transpacific eastbound ocean rates soften amid low demand and easing congestion, as Flexport shares TPM 2023 insights and previews the 2023 ocean RFP season.

Transpacific eastbound rates soften amid low demand as weekly blank sailings remove about 30% of capacity and delays and congestion ease.

Transpacific capacity stays open post-Lunar New Year as routine blank sailings continue, with Canada conditions mirroring the U.S. market.

Transpacific eastbound capacity stays open after Lunar New Year as routine blank sailings continue and Vancouver dwell counts hold steady in February 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.

Transpacific capacity rises post-Lunar New Year as rates stay flat and blank sailings increase, while Vancouver sees stable vessel dwell and rail delays.

Transpacific demand sees minor rate easing around Lunar New Year as LNY hikes are avoided and Vancouver dwell times stay stable, in the update for January 24, 2023.

Ocean and air freight rates with customs news for January 17, 2023, as transpacific rates level off and Lunar New Year blank sailings approach.