Container Rates Hit 9-Month Low as Golden Week Slows Trade, Ceasefire Lifts Red Sea Outlook
Container spot freight rates saw another week of moderate decline on the main east-west routes amid subdued trading activity due to the Golden Week holiday,
Container spot freight rates saw another week of moderate decline on the main east-west routes amid subdued trading activity due to the Golden Week holiday,
The Drewry World Container Index has fallen 5% to $1,669 per 40ft container, marking the 16th consecutive weekly decline and reaching its lowest level since
With the Chinese Golden Week holiday beginning next Wednesday, there was little surprise that spot rates on the main east-west ocean trades continued to
By Brendan Murray (Bloomberg) — The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the
With spot rates on Asia-Europe shipments now being discounted on an almost daily basis, freight buyers on the trades fear that a new freight rate war may now
The maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking
The 3.2% year-over-year increase in U.S. inbound container volume for July 2025 represents a temporary reprieve driven entirely by tariff frontloading,
Container spot rates have experienced their tenth consecutive week of declines – albeit with indications of some form of stabilisation – so, is it more of
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of decline seemingly the best carriers can hope for –
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the
It was a relatively flat week for pricing on the major deepsea box shipping trades, with a scheduled mid-week general rate increase (GRI) failing to lift
Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this week, as a series of 1 June general rate increases (GRIs) took
Container spot freight rates on the transpacific trade saw another week of double-digit gains, as carriers forced prices with the détente in the US-China
Container spot freight rates on the transpacific continued to trend upwards this week, albeit at a far gentler pace than last week’s GRI-induced double-digit
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm bells for their clients with long-term
A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with
Sweeping new ‘Liberation Day’ tariffs set to be announced by President Donald Trump could significantly transform global shipping patterns, though
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress
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