Ocean Freight Update
Asia to USA/Canada
Demand has softened slightly
Space is available, tighter in some regions. Blank Sailings on some lanes
Congestion has eased at both USEC and USWC ports, but still in flux
Trucking and intermodal options opened up
Rates declining from most regions
China still under Zero Tolerance Covid Restrictions
Forecast/Bookings recommended 14-21 day advance notice prior to Cargo Ready Date
SSL Routings continue to adjust to account for lower demand
Europe to USA/Canada
Demand is high
Space and equipment availability remains tight to USEC
USWC/USEC Congestion is improving
Delays due to origin port and transship port congestion continues
Forecast/Bookings highly recommended 45-50 day advance notice prior to Cargo Ready Date
Rates are seeing slight decline but not at pace of other lanes
India to USA/Canada
Space and equipment is improved
Rollovers/delays are minimal
ICD points still lack equipment and are experiencing delays
Forecast/Bookings recommended 50-60 day advance notice from Cargo Ready Date
Rates are declining
To discuss your cargo or solutions on particular lanes, please contact your South East World Wide, Ltd. Sales Representative.