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
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
By Mike Wackett (The Loadstar) – The transpacific mid-April GRIs (General Rate Increase) imposed by carriers, ahead of the finalisation of annual
By Nick Savvides (The Loadstar) – Weak demand in the three major ocean trades, coupled with the expected flood of new tonnage, will feed declining
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
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
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
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
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,
By Lisa Baertlein LONG BEACH, Calif., Feb 27 (Reuters) – Collapsing ocean shipping rates are not all good news for U.S. retailers,
By Mike Wackett (The Loadstar) – Maersk said last week this year’s contract rates for its liner services were “trending towards spot rates” and,
HAMBURG, Feb 1 (Reuters) – Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief
By Augusta Saraiva (Bloomberg) — Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry
By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp
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
By Mike Wackett (The Loadstar) – Improved booking prospects show the Asia to Mediterranean tradelane is proving more resilient than the North European
By Lisa Baertlein LOS ANGELES, Jan 9 (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top
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
By Mike Wackett (The Loadstar) – A year ago, shippers were desperate to agree annual contract deals with ocean carriers to secure their supply
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
By Mike Wackett (The Loadstar) – Navigating the container spot rate market has become a minefield for shipper procurement managers under pressure from
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