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Episode #7: Ocean Rates Jump 18% (The “Questionable GRI” Edition)
What's up in freight? Thought you'd neve ask.
Asia→US West Coast popped from ~$1,400 to >$2,000/FEU and Asia→Europe to ~$2,300—driven by mid‑month GRIs and capacity pulls, not tariffs.
We break down why this smells opportunistic in slow season, whether Nov 1 sticks, and what carriers are blanking next, we talk about the impact of the new port‑call fees' minimal impact and air demand’s increase...with rates still still staying stable.
Also, if you are still reading this, share our podcast! Show us the love!
This podcast is a little experiment from Freightos—and may not be around forever—so if you dig quick bites of freight wisdom, let us know.
For more detailed weekly freight updates delivered straight to your inbox, check out our weekly freight email. Want the freshest freight data on demand? Hit up terminal.freightos.com.
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By FreightosWhat's up in freight? Thought you'd neve ask.
Asia→US West Coast popped from ~$1,400 to >$2,000/FEU and Asia→Europe to ~$2,300—driven by mid‑month GRIs and capacity pulls, not tariffs.
We break down why this smells opportunistic in slow season, whether Nov 1 sticks, and what carriers are blanking next, we talk about the impact of the new port‑call fees' minimal impact and air demand’s increase...with rates still still staying stable.
Also, if you are still reading this, share our podcast! Show us the love!
This podcast is a little experiment from Freightos—and may not be around forever—so if you dig quick bites of freight wisdom, let us know.
For more detailed weekly freight updates delivered straight to your inbox, check out our weekly freight email. Want the freshest freight data on demand? Hit up terminal.freightos.com.