Freight Market Update – September 2025
This month: Spot rates spiked as carriers pushed a $800–$900/FEU GRI on Sept 1, with further hikes slated for Sept 15 and Oct 1. Asia–USWC rates surged 20.95% week-over-week, driven by blank sailings and space tightening—not demand. Bookings to the U.S. fell 20% over...
Freight Market Update – August 2025
This month: Spot rates fell 3.3% with no traditional peak season in sight. Rate softness expected through late 2025 due to new U.S. tariffs and Chinese vessel restrictions. Southeast Asia ports see higher loadings than China; tropical storms delay Chinese port...
Freight Market Update – May 2025
This month: Transpacific demand surged, overwhelming carrier capacity General Rate Increases (GRIs) take effect June 1st Premium rates now common amid space shortages Early peak season expected — book 4–6 weeks in advance U.S. port congestion intensifying, especially...
[March Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information Transpacific market remains quite in Feb and March. Spot rates to both coasts continue to drop below pre-pandemic level. Carriers’ blank sailings continue causing service disruption, booking uncertainties and delays in departure dates. ...