October 26, 2020 – Contrary to the economic weakness evident in the USA, transpacific rates from Asia to North America continue to be sold at record levels. Empirical evidence shows that delays of 3-4 weeks are still in place as customers bid up the prices in order to ensure cargo arrives by the US Black Friday. Canaan Transport believes that the peak season will last into mid-November before it tapers off. We continue to assist our customers who need to ship their cargo during this time.