Supply Chain Secrets
The Supply Chain Secrets Podcast cuts through the noise to bring you real, unfiltered insights from the front lines of global logistics. Whether you’re a shipper, NVO, carrier, or just someone who needs to stay ahead of market shifts, we deliver analysis and hard-hitting conversations that actually matter. Visit nyshex.com/podcast to register to attend live!
Supply Chain Secrets
Rates Flatline as Red Sea Starts Reopening
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NYSHEX
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NYFI held flat for a fourth straight week, and the June CTS data explains why the Transpacific demand story isn't what the headlines suggest.
In this episode, Lars Jensen and Caroline Weaver cover:
- Why NYFI and SCFI track different things by design (SCFI is a forward-looking quote, NYFI reflects cargo already loaded), and how to spot a phantom GRI before you pay for one
- June CTS data showing Transpacific demand and capacity both flat year over year, while Asia-Europe, Asia-South America, and Asia-Africa post double-digit growth
- Red Sea normalization signals: OOCL's new Bab el-Mandeb service and Maersk/Hapag-Lloyd shifting the AE15 and AE19 Gemini services back to Suez
- Panama Canal draft cuts ahead of El Niño, plus low water on the Rhine and Amazon squeezing inland moves