April Freight Market Update

Our April market report provides international freight, carrier and rate updates, to provide supply chain insights for the weeks ahead.

with ocean space remaining tight due to ongoing China regional lockdowns, reduced trucking capacity at many Chinese ports could actually see cargo volumes diminish, at least temporarily, as China battles its Omicron surge.

A report by the United Nations Conference on Trade and Development (UNCTAD) warns that 1.5 million containers of Asia-Europe rail cargo could be re-routed to the air and ocean markets, taking much needed space and driving rates higher.

The war between Ukraine and Russia has disrupted land and air cargo shipments between Asia and Europe, while restrictions on Russian air space are complicating air and overland routes going through both countries which are part of the Eurasian Land Bridge.

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