Freight Market Update: March 18, 2020
Tanker rates skyrocket as Russia and Saudi Arabia boost oil output amid COVID-19, with ocean, air, and trucking news for the week of March 11, 2020.
The latest on disruptions, rates, and market shifts
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Freight Market Update: March 4, 2020
The COVID-19 outbreak ripples through supply chains as U.S. port cargo volumes are forecast to drop 20% or more after Chinese New Year, March 4, 2020.
Freight Market Update: February 26, 2020
Flexport tracks how the COVID-19 outbreak slows China manufacturing, triggering mass blank sailings and looming equipment shortages at major ports.
Freight Market Update: February 19, 2020
Coronavirus factory shutdowns keep crippling supply chains after Chinese New Year, prompting multinationals to move parts production out of China for good.
Freight Market Update: February 12, 2020
The coronavirus outbreak tanks ocean shipping as supply chains struggle to recover after Chinese New Year, with shipping stock prices collapsing amid disruption.
Freight Market Update: February 5, 2020
Coronavirus cancelled over 90% of China passenger flights, tightening TPEB and FEWB air capacity, while blank sailings rose 20-30% above normal.
Freight Market Update: January 29, 2020
As the Wuhan Coronavirus disrupts business, airlines cancel China flights and blank sailings emerge, signaling volatile air cargo rates and climbing prices.
Freight Market Update: January 22, 2020
The US Coast Guard signals tougher IMO 2020 low-sulfur enforcement while the Panama Canal adds drought fees amid water shortages in late January 2020.