With more than 150 stations in over 17 countries, Dimerco connects Asia with the world like no other global 3PL. Every month, we gather firsthand market information from the industry players of our global network. Here's what you should know for May to June of 2023:
Air Freight
- Freight Market Remains Slow while Passenger Flight Resumes - The market remains slow with lower volume. Passenger flight capacity resumes for China-US routes. Low demand maintains sufficient market capacity, keeping rates low.
- Starlux Launched Long-Haul to USA - The New Taiwanese Airlines, Starlux has launched long-haul flights to the US. More capacity will be offered in the long run.
- eCommerce Slow Down with Demand - eCommerce business has slowed down while the demand is still greater than general goods.
Ocean Freight
- GRI to Cut in Half for TPEB & NCWB - GRI expected to be cut in half for both Transpacific Eastbound (TPEB) and North China Westbound (NCWB) legs.
- TPEB Container Shifting - TransPacific shippers are shifting more containers from West to East/Gulf Coast ports due to unsettled dockworker contracts.
- Increasing Blank Sailings - Blank sailings would increase if freights volumes decreased below most carriers’ runnable levels.
- Shortage of Chassis in USA - Major ports in the US are facing the shortage of chassis, leading to the waiting time of 3 to 4 days for truck services.
