Insights

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

01.25.23: Laufer Client Advisory – UP “temporary ingate suspension”

On Monday, January 23rd, Union Pacific announced a service suspension due to a bridge outage on its network in New Mexico. As a result, the UP has halted both the eastbound and westbound movement of all domestic and international containers between Southern California and the key inland hubs of Chicago…

Jan 25, 2023

Transpacific Eastbound Market Update – Week 2, 2023

As we turn the calendar to another year, our industry welcomes continuation of the improving market conditions experienced during the second half of 2022. Average global transit times are declining monthly as port congestion disappears, rail dwells decrease, and chassis availability improves.

Jan 11, 2023

ocean import, importers and exporters
Ocean Export Market Update – Week 48, 2022

This Ocean Export market letter will address the top issues facing US exporters as we approach the final month of this year. Much of the recent industry news has been bringing attention to the drop in overall import volumes and rapid improvement of port congestion issues particularly on the US…

Nov 30, 2022

Market Letters

Transpacific Eastbound Market Update – Week 41, 2022

Oct 12, 2022
The Golden Week holiday created a temporary pause to the volume declines and subsequent rate freefalls the market has been experiencing over the last couple of months. Import volumes are expected to continue to drop, however ocean carrier blank sailings and service suspensions should help slow the decline, at least for USWC local port destinations.
Read More
Market Letters

09.15.22: Laufer Client Advisory – Nationwide Freight Railroad Strike Averted

Sep 15, 2022
This morning the U.S. Labor Department announced that the rail companies and union negotiators came to a tentative agreement that “balances the needs of workers, businesses and our nation’s economy.” A USA Railroads strike had been called to begin starting 0001 hrs. Friday September 16. The tentative agreements announced this morning follow the Aug. 16 recommendations of Presidential Emergency Board (PEB) No. 250, which include a 24 percent wage increase during the five-year period from 2020 through 2024 — with a 14.1 percent wage increase effective immediately — and five annual $1,000 lump sum payments, the National Railway Labor Conference said in a statement.
Read More
Market Letters

09.13.22 Client Advisory – Freight Railroads Brace for Strike Friday, Sept. 16

Sep 13, 2022
A strike at USA Railroads has been called to begin starting 0001 hrs. Friday September 16. There are a total of 12 unions currently negotiating with the nation’s Class I railroads and not all have reached agreement yet on new contracts. Eight out of a dozen railroad unions have accepted tentative agreements with carriers, while the remaining unions would be able to legally strike after a cooling-off period ends Sep 16. The strike, if implemented, will impact all railroads including CN, Norfolk Southern, CSX, CP, BNSF, and UP. Sources indicate that the unions are preparing to strike, starting at midnight on Friday, Sept. 16, if new contracts are not completed and approved.
Read More