ANCHORS UP WEEKLY: OCEAN FREIGHT
Import Demand is Increasing and What to Expect
Import demand has been an ongoing issue for the past year and it does not seem to be letting up anytime soon. Importers are looking into other options just to keep their shipments moving, so it has been assumed that May could hit a record high for US imports. Here are some insights:
Transpacific Lane:
– Spot rates are increasing and suggested to book on Premium rates.
– Capacity is extremely tight so the key to securing the best options is to commit to space at least 3 weeks earlier than the Cargo Ready Date.
Transatlantic Westbound Lane:
– The demand for vessel space and containers from Europe is so tight that bookings for early June loadings are already in place.
-Short notice bookings are still available, but price is higher and the route selection will be limited. Let us know if you have a short notice booking, and we will work with our partners to provide the best options for you.