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  Highlights December rates decrease year-over-year for the first time in 28 months Ocean shipping much more affordable Red Sea diversions threaten to upset supply chains once more Panama Canal drought adds to shipper’s concerns China slowdown sends ripples worldwide Chinese New Year starts this week. As 2024 gets underway and market conditions begin to come […]

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  Highlights Rates for air, ocean and ground continue to be soft, with some signs of rebounding on increased demand for air freight. Blank sailings have increased dramatically, as carriers reduce capacity to compensate for a soft “Peak Season”. Yellow Freight bankruptcy reduces LTL capacity and increases pressure on domestic trucking rates. Ocean shippers begin […]

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