Spot Rates Sink Post-CNY: Is a Price War Brewing in Asia-Europe Trades?
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,
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,
Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite
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
President Trump‘s potential revival of sweeping import tariffs is creating widespread uncertainty in US shipping markets, with industry experts warning
A potentially devastating strike at U.S. East Coast and Gulf Coast ports has been averted following a tentative six-year agreement between port workers and
Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain the
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
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
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 Gavin van Marle (The Loadstar) – Container shipping lines on the main east-west trades this week managed to reverse 15 weeks of consecutive declines
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 Brendan Murray Sep 1, 2024 (Bloomberg) –The global container shipping industry saw profits surge to more than $10 billion in the second quarter
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
By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US
The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to
LOS ANGELES, July 15 (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has
By Gavin van Marle (The Loadstar) – Spot freight rate levels on the major east-west container trades this week remained flat, as the third-quarter peak
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