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...
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...
Rate & Market Information The transpacific market slows down in April due to various factors, and one major factor is because of the serious COVID lockdown in China. As many as 45 cities in China are now implementing either full or partial lockdowns, including...
Rate & Market Information COVID-19 outbreaks across China have led to widespread lockdowns in many cities. The reduced trucking capacity at many Chinese ports could see cargo volumes diminish temporarily as China battles the omicron surge. The supply chain...
Rate & Market Information The overall space situation has improved starting late February with more vessels are leaving US ports returning more equipment back to origin. Carriers are also deploying new capacity into the market by operating extra loader vessels....
Rate & Market Information Rates are expected to peak these two weeks of January and may slightly drop at the end of the month until first 2 weeks of February. Main factor for elevated rates continues to be high consumer demand and congestions at US ports. Rates...