Transpacific ocean volumes are climbing with the start of peak season, and carriers are attempting to raise container rates alongside growing fleet sizes – though uncertainty persists around how this year’s peak season will play out. 

In this concise, data-driven video update, Judah Levine, Freightos’ Head of Research, shares insights on the current trends and provides the latest data on freight rates, capacity changes, and demand levels and projections as we head into peak season 2023.