Ocean Freight Update
Asia to USA/Canada
Demand has softened
Space is available. Blank Sailings are expected thru CNY
Trucking and intermodal has loosened significantly
Rates remain soft
Forecast/Bookings recommended 14 day advance notice prior to Cargo Ready Date
SSL Routings continue to adjust to account for lower demand
Europe to USA/Canada
Demand has declined
Space availability has opened up
USWC/USEC Congestion has improved, as well as railway transit
More capacity is being added into the Mediterranean
Forecast/Bookings highly recommended 21 day advance notice prior to Cargo Ready Date
Rates continue downward trend, and will continue as capacity is added and demand drops
India to USA/Canada
Space is open but equipment is a challenge due to reduced imports from China
Blank sailings due to lunar new year
ICD points still lack equipment and are experiencing delays
Forecast/Bookings recommended 30-40 day advance notice from Cargo Ready Date
Rates are declining slowly
To discuss your cargo or solutions on particular lanes, please contact your South East World Wide, Ltd. Sales Representative.