Ocean Carriers Scramble as GRIs Hit a Wall
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid
The Loadstar is fast becoming known at the highest levels of logistics and supply chain management as one of the best sources of influential analysis and commentary.
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid
Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to work for other parts of the economy,
Warnings of recession greeted the imposition of sweeping tariffs against the US’s three biggest trading partners on
Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight
The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this weekend to see in the Year of
The US Federal Maritime Commission (FMC) has issued a request for more information from ONE, HMM and Yang Ming on their proposed Premier
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
Rising water levels have restored transits through the Panama Canal, but the canal authority is also looking into how a land bridge could move even more cargo
Container spot rates were largely unchanged for a third consecutive week, as it became evident that a 15 November rate hike on Asia-Europe trades had failed to
Pressure from customers has apparently caused French mainline operator CMA CGM to u-turn on plans to operate its INDAMEX (Indian Subcontinent-US East Coast)
By Gavin van Marle (The Loadstar) – Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as
By Charlie Bartlett (The Loadstar) – Some three million TEU of new tonnage arriving next year will most likely be “more than offset” by further
By Alex Lennane (The Loadstar) – Shipping lines are beginning to declare force majeure, as the US east and Gulf coast port strike enters its second
By Gavin van Marle (The Loadstar) A prolonged strike on the US east and Gulf coasts could prove “toxic” to global container supply chains – and even if
By Gavin van Marle (The Loadstar) – As the possibility of strike action at ports on the US east and Gulf coasts draws nearer by the day, container
By Gavin van Marle (The Loadstar) – Spot freight rates on every major container lane continued to tumble over the past week as demand remained flat,
By Gavin van Marle (The Loadstar) – The steady decline of container spot freight rates between Asia and Europe turned decidedly steeper this week, with
By Mike Wackett (The Loadstar) – Fearing another container spot rate crash, ocean carriers have blanked a number of export sailings from Asia to Europe
By Mike Wackett (The Loadstar) – Transpacific container spot rates were in the ascendancy this week as industrial action storm clouds gathered over US
By Charlie Bartlett (The Loadstar) – The downward trend of the Drewry World Container Index (WCI) continued this week, showing average rates have fallen
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