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](https://www.jmrodgers.com/wp-content/uploads/2021/07/market-bg-1920x-1080x675.jpg)
[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. ...![[January Market Report] Transpacific Rates and Space Situation Updates](https://www.jmrodgers.com/wp-content/uploads/2021/07/port-of-long-beach.jpg)
[January Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information Market remains quite in the past 2 weeks. All carriers have extended rates from end of Dec till 14 Jan and we expect rates to remain the same until the end of Jan due to weak demand. Market may continue to be soft after Lunar New year...
[August Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information Spot rates to USEC have maintained it’s level from July while USWC rates continue to drop. Smaller carriers with chartered tonnage have started to undercut their rates in order to compete with larger carriers for USWC routes. Though we...![[July Market Report] Transpacific Rates and Space Situation Updates](https://www.jmrodgers.com/wp-content/uploads/2022/07/july-market-update-1080x675.jpg)