July 6, 2020

All manufacturers in the Lumi network are open. US manufacturers have not been impacted by the recent increase in COVID-19 cases.

Freight

After last week’s general rate increase, ocean freight rates have leveled off and look to remain stable for the the next few weeks. Improvements in capacity have helped and it is likely that short-term demand has peaked.

Air freight rates are beginning to normalize as the capacity crunch and PPE-driven demand continue to ease.