Transpacific ocean rates remained level but elevated in November as some shippers have started frontloading ahead of a possible port worker strike in January and likely tariff increases next year. Asia – Europe rates rebounded as carriers reduce capacity and shippers may be starting their Lunar New Year rush early. And even late in November, anticipated air cargo rate spikes and capacity squeeze have yet to materialize.
In this year end webinar Judah Levine, Freightos’ Head of Research, presented the latest trends in the international ocean and air freight markets, reviewed the year that was and provided projections for what 2025 may look like. He was joined by Ian Arroyo, Chief Strategy Officer at Freightos, who discussed how shippers, forwarders and carriers are leveraging digital tools to prepare for and manage market volatility.
