Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New ...
Spot container shipping rates on trans-Pacific routes are experiencing a notable upward trend, at least for the time being. Recent data indicates the rate increases container shipping companies have ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...
LOS ANGELES, June 5 (Reuters) - Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning ...
Goldman Sachs' supply chain congestion index nears "Congest" level for the first time in 1.5 years due to rising container ship backlogs and soaring ocean shipping rates. Apollo Management warns of ...
[Stay on top of transportation news: Get TTNews in your inbox.] Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to ...
Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
International container shipping rates have risen for four consecutive weeks prior to the upcoming Lunar New Year holiday in ...
Since peaking during the pandemic, the transportation industry has faced a protracted slump. An index that tracks global container rates has plunged 75% from a year ago. The downturn has also affected ...
COPENHAGEN, March 14 (Reuters) - The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk (MAERSKb.CO), ...