Insights

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usa to italy shipping
Transpacific Eastbound Market Update – Week 37, 2021

The mad rush to find vessel capacity before China National Holiday is upon us as port congestion seems to continue to worsen daily. Lengthy intermodal rail departure delays are slowly improving, however chassis shortages at major rail destinations are hampering last mile deliveries. Pressure from the China Ministry of Transportation…

Sep 16, 2021

port congestion
Transpacific Eastbound Market Update – Week 35, 2021

As ocean carriers limit intermodal destinations due to the severe congestion issues at the ports, major hubs such as Chicago, Memphis, Dallas, and Kansas City inadvertently saw a huge spike in volume. Fast forward to September 1st and we now have thousands of containers stacked in multiple lots waiting to…

Sep 01, 2021

Laufer Group International Airfreight Market Update – Week 34, 2021

On August 20th several positive COVID cases were discovered at the Pudong Air Cargo Terminal (PACTL), forcing a pause in all ground handling, customs, and airfreight services in Shanghai. PACTL is one of two cargo terminals at the Shanghai Pudong airport. No official statement has been issued by the airport…

Aug 24, 2021

Market Letters

Transpacific Eastbound Market Update – Week 33, 2021

Aug 19, 2021
The introduction of additional capacity via extra-loaders and new providers such as BAL, CCL and Sea Lead are providing welcomed relief to the PSW sub-trade for the remainder of peak season. Most of this capacity will unfortunately steam right into a flotilla of vessels at anchor off the Southern California coast. The number of vessels at anchor are approaching record levels and with ocean carriers continuing to limit USIPI capacity, we expect port the situation to only worsen over the coming weeks.
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Market Letters

Transpacific Westbound Market Update – Week 32, 2021

Aug 12, 2021
US Exporters continue to face challenging conditions executing their shipments on the Trans-Pacific trade. Though there appears to be more available vessel space than last month, the ability to secure empty containers has not improved. The biggest challenge continues to be the constantly changing port/rail cut offs and early return dates.
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Market Letters

08.10.21: Urgent Air Freight Market Update – Possible suspension of freighter (CAO) aircraft from China

Aug 10, 2021
We have received preliminary indication that all freighter (CAO) aircraft service from China may soon be suspended under government instruction. Such action would certainly be detrimental to TPEB airfreight cargo as the vast majority of these shipments move on freighter aircraft. The full suspension of freighter flights would leave passenger flights as the only viable cargo option.
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