by J.M. Rodgers, Co., Inc. | Mar 16, 2023 | Market Reports
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. ...
by J.M. Rodgers, Co., Inc. | Jan 18, 2023 | Market Reports
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...
by J.M. Rodgers, Co., Inc. | Aug 2, 2022 | Market Reports
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...
by J.M. Rodgers, Co., Inc. | Jul 11, 2022 | Market Reports
Rate & Market Information Spot rates to both USWC and USEC have started to drop although inflation remain high as some US importers are reducing orders. However, it is still uncertain what the market will be like in the second half of 2022 as there are different...
by J.M. Rodgers, Co., Inc. | Jun 1, 2022 | Market Reports
Rate & Market Information USEC port congestions have ramped up after USWC stabilizes. Rates remain solid and spaces are still tight due to limited capacity caused by blank sailings. As lockdown situation relaxes in Shanghai starting this week, there are more...
by J.M. Rodgers, Co., Inc. | May 17, 2022 | Market Reports
Rate & Market Information The transpacific market has slowed down since mid-March and we expect to continue till end of May. However, we do expect a peak season starting in June up till October after various locations in China start getting back to order...