
Market Update: April 2017
Ocean space stays tight across all origins as new carrier alliances trigger blank sailings, routing changes, and port congestion in April 2017.

Ocean space stays tight across all origins as new carrier alliances trigger blank sailings, routing changes, and port congestion in April 2017.

Ocean carrier alliances reshuffle this month with new service strings, terminals, and sailing dates, boosting capacity and calls to secondary U.S. East Coast ports.
Ocean rates began easing after the winter holiday and Chinese New Year peaks, with carriers using blank sailings and GRIs to slow the decline.