[February Market Report] Transpacific Rates and Space Situation Updates
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...
[January Market Report] Mid-Month Transpacific Rates and Space Situation Updates
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...
[January Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information The rush to get Christmas goods is over but imports remain high. As expected, demand for shipping goods before Chinese New Year have increased so rates have started to pick up again. The new round of GRI starting 1st Jan is around $1000...
[December Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information FAK rates remain well above historical averages, and most carriers have decided to maintain current level till the 14 December. Carriers such as ONE, HPL, CMA and COSCO will stop accepting USWC BP cargoes on some services starting in...