Insights

Stay Up to Date with the latest Laufer Market Letters and Whitepapers

Laufer Group International Airfreight Market Update – Week 15, 2021

Shanghai is finally experiencing an ease on rates after several weeks of upward momentum, however finding availability remains difficult. In contrast, the space situation remains critical for shipments out of Qingdao and Hong Kong. Capacity has been removed from the market over the past few weeks putting pressure on the…

Apr 12, 2021

Why it’s nearly impossible to get on a ship right now…

We wanted to share the below with all of our customers, as it illustrates quite clearly why importers today from Asia are scrambling to get on ships, and when they do, it’s only because they have accepted Premium rate levels that carriers have reintroduced. Some of these all-in rates levels…

Apr 08, 2021

CHB Update – Week 14, 2021

The Withhold Release Order (implemented January this year), banning imports of cotton and tomato products from the Xinjiang region of China is still causing supply chain disruptions for many textile and apparel importers. Discussions are taking place for more products to be added to the list. Additionally, a manufacturer specific…

Apr 07, 2021

Market Letters

Transpacific Eastbound Market Update – Week 13, 2021

Apr 02, 2021
Conditions since our last update have significantly deteriorated with most import lanes fully booked at maximum capacity through April. USEC capacity has been especially hard hit since the Suez Canal debacle “poured additional fuel on the fire” as shippers had already begun to shift product to East Coast based distribution centers to avoid the lengthy delays through the Southern California gateway. Several ocean carriers have limited new East Coast booking releases this week as blank sailings will cut capacity for the next several weeks due to the ongoing global terminal congestion further hampered by the Suez related delays.
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Blogs

The “Suez Canal Effect”– From bad to worse?

Apr 01, 2021
What else could possibly go wrong with today’s global supply chains? An already taxed system, fraught with delays, maxed out capacity, severe ports congestion, and a broken conveyor belt of empty containers, will now face even more delays and challenges due to the Ever Given’s extended blockage of the Suez Canal.
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Market Letters

Laufer Group International Airfreight Market Update – Week 12, 2021

Mar 22, 2021
After three relatively soft weeks, airfreight rates have soared by more than $3.00 per kilogram out of both mainland China and Hong Kong. The same is expected for all transpacific trade lanes as vaccines, product releases, and a quarter-end push all drive demand through the roof. New covid-19 breakouts and the sustained ocean port congestion continue to add pressure on an already scarce space situation.
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