freight rates

Friday, May 26, 2023

Peak Season Hope Fades as Container Freight Rates Slip Again

By Mike Wackett (The Loadstar) – The prospect of a traditional peak season is slipping away with each week that passes and ocean carriers are as yet

May 26, 2023
Total Views: 3172

Friday, May 5, 2023

With Rates Under Pressure, Ocean Carriers Struggle to Hold Transpacific GRIs

By Mike Wackett (The Loadstar) – The transpacific mid-April GRIs (General Rate Increase) imposed by carriers, ahead of the finalisation of annual

May 5, 2023
Total Views: 1468

Friday, April 28, 2023
cargo ships loading at port of oakland

Soft Demand Pushes Ocean Spot Rates to ‘Lowest Sustainable Level’

By Nick Savvides (The Loadstar) – Weak demand in the three major ocean trades, coupled with the expected flood of new tonnage, will feed declining

April 28, 2023
Total Views: 1350

Thursday, April 27, 2023
Aerial top view container ship

Opinion: Global Freight Shows Signs of Bottoming Out

By John Kemp LONDON, April 27 (Reuters) – Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at

April 27, 2023
Total Views: 2415

Tuesday, April 25, 2023

HSBC: Freight Rates Expected to Rise as Contract Season Ends and Labor Issues Persist

The Shanghai Containerised Freight Index (SCFI) experienced a slight increase of 0.3% week-on-week as carriers aim to strengthen spot rates during the

April 25, 2023
Total Views: 2366

Friday, March 17, 2023

Is Container Shipping’s Rate Erosion Over?

By Mike Wackett (The Loadstar) – The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe

March 17, 2023
Total Views: 4931

Tuesday, March 14, 2023

More Bad News for Ocean Carriers as Rate Erosion Continues

By Mike Wackett (The Loadstar) – Ocean carriers are writing-off the first six months of this year, banking on a restocking demand boost in H2 to

March 14, 2023
Total Views: 3304

Tuesday, February 28, 2023

Container Shipping: Tables Have Turned at TPM 2023

By Mike Wackett in Long Beach (The Loadstar) – One year ago, there were more than 100 ships waiting outside the ports of Los Angeles and Long Beach,

February 28, 2023
Total Views: 6923

Monday, February 27, 2023

Rumble in Long Beach: Shippers ‘Back for Blood’ as Container Shipping Contract Season Kicks Off

By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,

February 27, 2023
Total Views: 8868

Friday, February 17, 2023

Bad News for Ocean Carriers as Contract Rates ‘Trending Towards Spot’

By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,

February 17, 2023
Total Views: 2125

Wednesday, February 1, 2023
AFIF Hapag-Lloyd

‘The Party is Over’ for Container Shipping, Says Hapag-Lloyd CEO

HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief

February 1, 2023
Total Views: 49110

Thursday, January 26, 2023
shipping container

Freightos to Go Public in a Rare Pandemic-Era Move for Shipping

By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry

January 26, 2023
Total Views: 612

Wednesday, January 25, 2023

Freight Rates Seen as a ‘Smoking Gun’ on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp

January 25, 2023
Total Views: 3258

Friday, January 13, 2023

Ocean Carriers Hoping for Post-CNY Demand Surge

By Mike Wackett (The Loadstar) – Ocean carriers do not expect consumer demand in North Europe to recover until at least March, when they hope container

January 13, 2023
Total Views: 868

Thursday, January 12, 2023

The One Bright Spot in Container Shipping’s Spot Rate Downturn

By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European

January 12, 2023
Total Views: 1192

Monday, January 9, 2023

Some Ocean Shipping Rates Collapsing, But Relief is Still Months Away for Big Retailers

By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top

January 9, 2023
Total Views: 868

Friday, January 6, 2023

Peak Season Surge Could Be Make or Break for Ocean Carriers

By Mike Wackett (The Loadstar) – Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from

January 6, 2023
Total Views: 1800

Tuesday, December 27, 2022

Carriers Face the ‘Quiet Before the Storm’ for Contract Rates

By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers  to secure their supply

December 27, 2022
Total Views: 2314

Thursday, December 22, 2022

Container Shipping’s Idled Fleet Set to Soar Next Year

By Mike Wackett (The Loadstar) – Just 12 months ago, the 2009-built 4,253 teu Synergy Oakland was preparing to commence a two-month charter

December 22, 2022
Total Views: 8292

Friday, December 9, 2022

Transatlantic Spot Rates Tread Water as Chinese Export Rates Tumble

By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from

December 9, 2022
Total Views: 815