Weekly Global Logistics Market Update (May 12, 2026)

Hormuz tension continues as freight rates bump up; Section 122 tariffs ruled illegal; International Roadcheck begins Key Points Hormuz: “Project Freedom” suspended; dark vessel transits surge 600% amid heavy GPS jamming. Fuel: Asian bunker wait times hit 15 days; Maersk passes $500M monthly fuel bill to customers. Ocean: Transpacific rates climb 5-7% on new fuel surcharges; space expected […]

Weekly Global Logistics Market Update (May 5, 2026)

Freight rates remain high, but show signs of stabilizing amid continued Hormuz blockage Freight rates tick up, US-Iran tensions rise with new operations and resumed missile strikes The US-Iran ceasefire is holding up, though tensions have escalated yet again this week with a new US operation called “Project Freedom” that will escort ships out of […]

Weekly Global Logistics Market Update (4/28/2026)

Freight rates remain high, but show signs of stabilizing amid continued Hormuz blockage Freight rates remain elevated but show signs of stablizing as dual-blockade of Hormuz persists US and Iranian blockades persist in the Strait of Hormuz. Two MSC ships, Francesca and Epaminondas were seized by Iran last week, highlighting the continued risks in the […]