Latest News | LE TRANS - Beyond The Lines - Your Freight Hunter

1.59 million TEU imported into the US from Asia in September 2021
1.59 million TEU imported into the US from Asia in September 2021

Imported consumer goods should arrive in the country at least six weeks earlier than normal to make it onto shelves in time for Black Friday, according to JOC by IHS Markit. Due to the continuing delays at US ports consumer goods from Asia will need to have cleared US ports by now, compared to a usual early November cut-off date, or risk not making it into shopping baskets this Christmas.

Container spot rates fall marginally, long-term keep climbing
Container spot rates fall marginally, long-term keep climbing

The last week has seen a marginal decrease in spot container freight rates, however, long-term rates are up more than 90% year-on-year.

Port congestion causing global trade to stagnate
Port congestion causing global trade to stagnate

Congestion at major container freight ports this month has disrupted shipping operations and is leading to stagnation in global trade, Kiel Trade Indicator data shows.


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