Latest Industry Happenings and Market Updates:

IMPORT: Asia to North America (TPEB)

Rates: On Jun. 15, another round of general rate increases (GRIs) were implemented, further increasing already high rates.

Space: Space has tightened due to both rising demand and, while not as frequent as the past several months, carrier-enforced blank sailings.  
Capacity: Generally speaking, vessel capacity has been better served across the market as demand prompts more utilization.
Equipment: Rising demand and longer vessel transits for outbound shipments from China have led to a crunch in equipment capacity at Chinese ports, notably Ningbo, Dalian, and Guangzhou.

In addition to this market, the equipment deficit has especially hindered Asia-Europe trade.


  • Hold your logistics partners accountable for frequent updates regarding current market conditions and routing impacts.
  • As the market shows indicators of heating up, familiar yourself with the potential hurdles that can occur amid cases of tightened capacity and handling delays.

IMPORT: Europe to North America (TAWB)

Rates: Rates continue to ebb and flow.  
Space: Space is open.
Capacity: Reassuring demand from U.S. importers has prompted better utilization of available capacity.


  • Book at least three weeks prior to the ready date.
  • Keep an eye on East Coast labor uncertainty as a coastwide strike could occur as early as October if no contract is settled between dockworkers and maritime employers.

EXPORT: North America to Asia

Rates: Rates are appearing to level off after an accelerated rise throughout May.
Capacity: Generally speaking, capacity is available, but U.S. export movement can be influenced, even hindered, when more attention is placed on the import market.


  • Insufficient communication with sailing schedules can lead to higher detention and demurrage fees as well as higher trucking and storage costs. Ensure your logistics partners are not keeping you and your cargo in the dark.

Freight News

Vessel Space Squeezed by Surging Demand

Space on vessels is tightening, driving up costs as demand surges.

Our message is clear: Space is limited, don’t delay.

It’s imperative to act promptly to secure transportation for your goods, as delays could lead to higher expenses. Anticipating and adapting to these market conditions is crucial to maintaining competitiveness.

Carriers are currently allocating less than half of the request space from contract importers, emphasizing the urgency to secure bookings promptly.

Don’t hesitate; act now to mitigate potential disruptions and control costs.

Are you facing any space constraints for bookings? Let’s chat. Click the button below to connect with our team.

Transport Strikes in France? What’s the Latest

Last week, the French President made a rather unexpected announcement to call for a snap election – an election that is called earlier than previously scheduled.

This has promoted dock and port worker unions to delay a series of strikes scheduled for later this month. The reason for the delay in strikes is due to the union having no government-level counterpart to negotiate its demands until a new administration takes office.

Those planned strikes had the potential to create some challenges to ports such as Le Havre and Marseille. If any further industrial action occurs, reports say it won’t be before late September.

This past and potentially future industrial action is in response to pension reform that has increased the mandatory retirement age in France.

Did You Know? With Johnny Cargo!

What do you think the answer is? Click here to chat with Johnny Cargo.

NEW: Watch Our Webinar, Special Guest

NEW: FreightFM Episode Ep. 14

Curious how to use data analytics to your advantage? In this webinar we discuss all things data and how they can be used to elevate your transportation. We were joined by a special guest, Antonio Gomez, to discuss this and more in our May 22nd webinar. Take a listen!

Why are produce shipments handled differently? Why do rates/capacity change during seasonal shipping periods? How does this impact non-produce shippers? All those questions and more answered in this episode. 

Interlog Insights

In last week’s June Insights, we discussed the Port of Baltimore’s main channel is fully open following the Bridge collapse in late March. Plus an inland port in Nevada is now open.

Make sure you sign-up (it’s free), to view our insights in real time every Friday at 10am CST.

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