News
Chinese COVID-19 Cases affect Factories, Ocean Freight Capacity Cuts, and More
50% trans-Pacific ocean freight capacity cuts for the Chinese Lunar New Year, rising Chinese COVID-19 cases strain factories, and more supply chain news.
![[January Market Report] Transpacific Rates and Space Situation Updates](https://www.jmrodgers.com/wp-content/uploads/2021/07/port-of-long-beach.jpg)
[January Market Report] Transpacific Rates and Space Situation Updates
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 see a slowdown of demands to transpacific market but carriers are still expecting a modest peak season from mid-August and might try to impose a Peak Season Surcharge.
US Import Declines, Low Warehouse Vacancy Rates, Diesel Prices, and More
For-Hire truck tonnage, demand for air freight, and domestic intermodal volumes all took a fall for 2022’s Q4, and more supply chain news.
Air Freight Market Overcapacity, For-Hire Truck Tonnage Volumes, and More
For-Hire truck tonnage, demand for air freight, and domestic intermodal volumes all took a fall for 2022’s Q4, and more supply chain news.
New EPA Emissions Standard and Falling Trans-Pacific Imports
A changing US import environment in China may lead to declines in trans-Pacific imports for 2023, while truckers warn against a coming EPA emissions standard.