[October Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information Little revealed of Beijing, Shanghai’s rolling power black-outs CHINA has begun rolling blackouts in its two largest cities, Beijing and Shanghai, as the country wrestles with power shortages that have hit key factories, reports...
[September Mid-Month Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information The market-driven rate increases are not easy to stop with current bottlenecks over supply chain. The LA/LGB port complex has been already experiencing congestion as most new carriers deploy their new services there. There are 44 ships...
[September Market Report] Transpacific Rates and Space Situation Updates
Rate & Market Information We are facing serious space cut by all carriers due to additional blank sailings caused by port congestion in USA which is much worse than ever before. The vessels are not able to coming back, which means the actual working space is much...
[August Mid-Month Market Report] Transpacific Rates & Space Situation Updates
Rate & Market Information It appears August will be the cruelest month for trans-Pacific lanes as container volumes into North America are expected to reach a new record. Shippers are now focused on moving goods for the holiday shopping season, with back-to-school...