LATEST NEWS LATEST NEWS Read our latest news and updates >> ITL USA INC – MediumNo bump yet in trans-Pacific demand from Red Sea, Panama Canal: Matson March 19, 2024No bump yet in trans-Pacific demand from Red Sea, Panama Canal: MatsonDear ITL USA Clients and Partners,Chinese New Year celebration have ended and its back to brisk business as usual. With the end of the long Chinese new year holiday fortnight, as expected, vessels are overbooked and ocean freight rates continue to be high and unpredictable […]Spot rates from Asia “out of control”: pre-CNY quotes of $10000+ reported March 19, 2024Dear ITL USA Clients and Partners,In our last News Letter we alerted you that ocean carriers would be imposing Peak Season Upcharge and Ocean rates were expected rise due to pre-Chinese New Year rush. As per our prediction and market analysis, this was proven to be true. The articles featured in this newsletter reiterate this […]ITL USA INC NEWS BULLITEN March 6, 2024Dear ITL USA Clients and Partners,The week long Chinese New Year celebration begin on February 10th and continues for 15 days. Its significance is centered around removing the bad and the old, and welcoming the new and the good. The Lunar New Year is a celebration of the arrival of spring and the beginning of […] US imports building toward August peak, but labor concerns weigh: retailers Vessel schedule reliability to US West Coast hits two-year high: Sea-Intelligence Post-strike recovery for western Canadian ports measured in weeks, not days: sources