Global Logistics Market Update (June 3, 2026)
Freight rates jump on early peak season, frontloading; DOJ moves to appeal IEEPA refunds; Sec 232 tariff adjustments Key Points Ocean: SCFI surged 15.9%, Drewry WCI up for the fourth consecutive week, driven by transpacific and Asia-Europe gains with an early start to peak season and frontloading ahead of expected July 1 bunker adjustment factors. […]
Global Logistics Market Update (May 19, 2026)
Transpac, Asia-Europe rates surge, Panama Canal worries grow as El Nino looms, SCOTUS case sets new liability reality for the industry Key Points Hormuz: President Trump says US held back planned strikes on Tuesday to make room for talks. Hormuz traffic remains subdued with continued incident reports Fuel: VLSFO prices climbed slow and steady this week as […]
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 […]
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 […]
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 […]