IGL News and Information

IGL News and Information2021-05-12T21:31:55-04:00

TRANSPACIFIC MARKET REPORT – UPDATE 5/11/2021

Market capacity on all services is oversold. In the weeks before, it is especially difficult to secure space on the all-water services from Asia to USEC and Gulf. Now it’s even hard to get a slot to USWC. Carriers like WHL and MSC, tried to find solution to replace LA/LB, then they have added service or calling to Oakland/Seattle/Tacoma. Now Oakland has become another issue. WHL has a new svc to Oakland in May, but once they got there for the first sailing, vessel is stuck there and they have to change it to biweekly as the vessel is serious delay. Other carriers are also facing “structural blank sailing”. As the port congestion is serious, carriers have to temporarily skip a port in order to speed up the turnaround time.

By |May 11th, 2021|Categories: Cargo, Distribution|Comments Off on TRANSPACIFIC MARKET REPORT – UPDATE 5/11/2021
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