Ocean Freight Market Update – October 2025
This Month: New General Rate Increases (GRIs) take effect October 15, with another scheduled for November 1. 14% of Trans-Pacific capacity is now blanked as carriers fight falling spot rates. 100% import tariff on Chinese goods proposed for November 1, covering...
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](https://www.jmrodgers.com/wp-content/uploads/2021/07/market-bg-1920x-1080x675.jpg)