Freight Market Update: October 27, 2020
Sustained strong demand brings a November GRI on Transpacific lanes as worsening Los Angeles port congestion drives chassis shortages and delays in October 2020.
The latest on disruptions, rates, and market shifts
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Freight Market Update: October 13, 2020
Transpacific Eastbound space stays critical with carriers booking above capacity, while Far East Westbound rates rise heading into a slower post-Golden Week period.
Freight Market Update: October 6, 2020
Transpacific rates hold steady as carriers waive GRIs and pull 8.4% of capacity in early October's slack season, amid equipment shortages for October 6, 2020.
Freight Market Update: September 29, 2020
Ocean and air freight rates with customs and COVID-19 news for September 29, 2020, as transpacific rates ease, October GRIs waive, and capacity returns.
Freight Market Update: September 16, 2020
Transpacific rates rise on September GRIs and carriers stop accepting bookings as shippers rush cargo out of China at peak of peak season, September 16, 2020.
Freight Market Update: September 23, 2020
Transpacific rates climb on equipment shortages and pre-Golden Week demand as the market stays strong in the freight market update for September 23, 2020.
Freight Market Update: September 9, 2020
Severe equipment shortages keep Transpacific capacity critical as shippers rush cargo out of Asia ahead of Golden Week, with mid-month GRIs likely on key lanes.
Freight Market Update: September 2, 2020
US factory activity hits its highest level since 2018 as China, South Korea, and other Asian economies reopen and rebuild output amid COVID-19.