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

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

Transpacific Eastbound Market Update – Week 13, 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…

Apr 02, 2021

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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Market Letters

Transpacific Eastbound Market Update – Week 11, 2021

Mar 19, 2021
As a result of ocean carriers and shippers trying to utilize other gateways for discretionary cargo, capacity from China to the US West Coast has improved following the pre-Chinese New Year surge. East and Gulf Coast capacity remains tight with new booking availability pushed out into early April. Fully laden vessels arriving East Coast ports over the last several weeks have been impacting first and last mile operations in NY/NJ ports. Vessel berthing delays in Savannah continue to grow with approximately 9 vessels at anchor as of last Friday.
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Market Letters

Laufer Group International Airfreight Market Update – Week 10, 2021

Mar 09, 2021
Heavy backlogs continue to plague air exports, especially to transatlantic destinations where freighter capacity is limited. For historically economic airline options, next available flight remains at 1-2 weeks out and many carriers are not accepting bookings unless under Priority Services. As air cargo volumes continue to outpace the return of passenger demand we expect this to be an ongoing nuisance. Luckily, the weather will be warming up and we should not have winter storms exacerbating the situation.
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