Container freight rates on Trans-Pacific trade lanes continued to rise this week, supported by sustained demand and ongoing operational disruptions across Asia. According to reporting from American Shipper, citing Freightos data, spot rates from Asia to the U.S. West Coast and U.S. East Coast rose 2% week-over-week. Drewry’s World Container Index (WCI) released on September
Global schedule reliability suffered a significant monthly decline in July as congestion intensified across major Asian container hubs. According to data from Sea-Intelligence, schedule reliability fell to 56.4%, down 6.1 percentage points from June, while average delays for late vessel arrivals have exceeded six days. The fallout from congestion has been severe at several of
Global air cargo demand continued to grow in July, supported by steady trade activity, expanding manufacturing output, and strong demand across key international markets. According to the International Air Transport Association (IATA), total air cargo demand, in terms of cargo tonne-kilometers (CTKs), increased 3.9% year-over-year in July, while international cargo traffic increased by 4.7%. “The
