#golden-week
(14 articles)Double Sailings Spike as Port Congestion Derails Golden Week Strategy
Port congestion in Asia, exacerbated by typhoon disruptions, has triggered unprecedented levels of vessel bunching and consecutive double sailings that inadvertently negated carriers' traditional Gold
Transpacific Rates Hold Firm Despite Golden Week Demand Slowdown
According to The Loadstar, transpacific ocean freight rates are projected to maintain elevated levels despite the traditional demand slowdown during China's Golden Week holiday period. The report sugg
Golden Week Not Enough to Cut Transpacific Ocean Freight Rates
China's Golden Week holiday is expected to keep transpacific ocean freight rates relatively stable, but weather-related disruptions are preventing meaningful rate reductions. Supply chain professional
Golden Week slowdown unlikely to reduce Transpacific ocean rates
Analysis indicates that the seasonal slowdown during Asia's Golden Week holidays may not provide meaningful relief to Transpacific ocean freight rates, suggesting that underlying capacity constraints
39 Blanked Sailings Loom Post-Golden Week as Carriers Cut Capacity
Chinese carriers have announced 39 blanked sailings across major east-west trade lanes between weeks 41 and 45 (early October through early November), creating significant capacity headwinds for shipp
Suez Return Threatens Container Rate Recovery Amid Capacity Glut
Container shipping spot rates on transpacific routes face renewed downward pressure as multiple supply-side headwinds converge. Major carriers have blanked sailings during China's Golden Week (startin
Transpacific spot rates plateau as China's Golden Week begins
Transpacific container spot rates have plateaued at their post-Hormuz crisis peak as China enters its Golden Week national holiday on October 1st. According to Xeneta chief analyst Peter Sand, after s
Transpacific Container Rates Hit $10K as Q4 Peak Mismatch Looms
Container spot rates on transpacific routes have surged to over $10,000 per 40-foot unit destined for the US East Coast, marking a significant peak-season pricing rally that intensified since late Aug
Asia-US Container Rates Hold at $9,600 Amid Peak Season Pressures
Container spot rates on the Asia-U.S. East Coast route remain elevated at approximately $9,600 per FEU, reflecting sustained shipper demand ahead of China's Golden Week holiday and Far East port conge
Transpacific Rates to Remain Elevated Despite Q4 Slowdown
Yang Ming's shipping executives signaled during an investor conference that transpacific container rates will likely remain elevated through the fourth quarter, defying seasonal expectations of softer
China Port Congestion Intensifies During Golden Week Shipping Peak
China's major ports are experiencing significant congestion during the Golden Week holiday period, a critical seasonal shipping window that drives substantial volume in global container trade. This co
Asia Pacific Supply Chains Brace for Q4 Peak and Golden Week
Asia Pacific supply chains are entering a critical planning phase as Q4 holiday demand converges with Golden Week holidays across major markets. This seasonal convergence creates a complex operational
Maersk Suspends Transpacific TPX Service Ahead of Golden Week
Maersk has announced the suspension of its standalone transpacific TPX extra loader service, with the final sailing scheduled for September 29, 2024, from Vung Tau, Vietnam. The suspension comes strat
China Port Congestion Threatens Golden Week Shipping
Chinese ports are experiencing significant congestion pressures ahead of and during the Golden Week holiday period, creating a bottleneck that threatens container shipping schedules across the region.