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Posts tagged “Asia - US Freight”

 
Over half of container bookings rolled at some ports 
 
Container shipping service quality is continuing to worsen, with the number of boxes being rolled increasing. 
 
Figures from freight visibility platform project44 shows the percentage of containers missing their scheduled sailings is rising, with some carriers and ports rolling more than half their cargo in April. 
 
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Ocean freight rates and challenges rise further 
 
Ocean freight rates out of Asia have continued rising, especially to the US, as reduced capacity, high demand and equipment issues leading to “extreme capacity or equipment shortages” in North China, southeast Asia, and Taiwan. 
 
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Ex-China air freight rates continue rise 
 
Ex-China air freight prices are continuing to rise this week on the back of highly constrained air freight capacity and strong demand, leading to very high load factors. 
 
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Ex-Shanghai ocean freight rates edge up to new record highs 
 
Ex-Shanghai ocean freight rates edged up to new record highs last week due to continuing strong demand and ongoing bottlenecks and capacity constraints – exacerbated and prolonged by the knock-on effects of last month’s blockage of the Suez Canal. 
 
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No let-up expected in buoyant air cargo market 
 
High demand will continue to buoy air cargo charter activity over the next few months, consolidating the strong start to 2021, although prices may cool somewhat from their current high levels, according to a leading air freight broker. 
 
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Asia-US air freight rates drop but stay firmer to Europe 
 
Asia-US air freight spot prices have begun to fall in the weeks since Chinese New Year (CNY), but they appear to be holding relatively firm from China to key destinations in Europe, according to figures from TAC Index and the Baltic Air Index (BAI). 
 
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