Transpacific ocean volumes are easing post this year’s peak season, though carriers are working to tighten capacity and push rates up after their October slide, while trying to revive Asia – Europe prices that collapsed in October. Air cargo rates are climbing out of Asia making many hopeful a November – December air peak season will materialize.
In this on-demand webinar, Judah Levine, Freightos’ Head of Research, shares the latest data on freight rates, capacity changes, and demand levels for the major ocean and air tradelanes, and provides insights on what these trends might indicate for the rest of 2023 and into 2024.