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freight rates


Friday, January 21, 2022
Asia-US West Coast Spot Rates Spike Ahead of Chinese New Year
Shipping

Asia-US West Coast Spot Rates Spike Ahead of Chinese New Year

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US west coast spiked this week, ahead of the Chinese New Year holiday on 1

January 21, 2022
Total Views: 1134

Friday, January 7, 2022
container ship at sea
Shipping

Shippers Wrangle With Decision to Play Spot Market or Go Fixed-Rate

By Mike Wackett (The Loadstar) – Volume shippers offered new long-term fixed-rate contracts by container lines are, nevertheless, still keen to keep a

January 7, 2022
Total Views: 918

Friday, December 31, 2021
IKEA Raises Prices Amid Supply Chain Disruptions, Higher Shipping Costs
Shipping

IKEA Raises Prices Amid Supply Chain Disruptions, Higher Shipping Costs

STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in

December 31, 2021
Total Views: 2052

Thursday, December 23, 2021
port of los angeles and long beach
Shipping

The Loadstar: A Year of Covid Variants and Milking the Freight Rate Cash Cow

By Mike Wackett (The Loadstar) – Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic

December 23, 2021
Total Views: 1145

Friday, December 17, 2021
CMA CGM mega-ship Marco Polo
Shipping

Freight Futures Coming to Container Shipping

Can container freight futures offer an antidote for supply chain blues? The Baltic Exchange, which pioneered indexation and transacting of drybulk freight

December 17, 2021
Total Views: 5169

Thursday, December 2, 2021
Transpacific Container Rates Fall to Lowest Since July
Shipping

Transpacific Container Rates Fall to Lowest Since July

By Brendan Murray (Bloomberg) — Ocean freight rates on goods shipped to both major U.S. coasts from Asia fell to the lowest levels since July,

December 2, 2021
Total Views: 2009

Thursday, November 18, 2021
zim containership
Shipping

ZIM CEO: US Trade ‘Firing On All Cylinders’

By Alex Longley (Bloomberg) — There’s little sign of near-term improvement in the global supply-chain crisis, according to Israeli container

November 18, 2021
Total Views: 1285

Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California
Shipping

Shipping Rate Surge Threatens Global Economic Recovery, UN Trade Body Says

By Jonathan Saul LONDON, Nov 18 (Reuters) – A surge in container shipping rates poses a threat to the global economic recovery, with small

November 18, 2021
Total Views: 825

Tuesday, November 16, 2021
crane loading container
Shipping

Container Shipping Rates Could Take Two Years to Return to Normal

By Brendan Murray (Bloomberg) — Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to

November 16, 2021
Total Views: 3168

Friday, November 12, 2021
containers at port of los angeles
Shipping

Transpacific Freight Rates Come Off the Boil as Carriers Ease Premium Fees

By Mike Wackett (The Loadstar) – Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season

November 12, 2021
Total Views: 935

Friday, October 29, 2021
Containership Charter Rates Fall for First Time in 16 Months
Shipping

Containership Charter Rates Fall for First Time in 16 Months

Containership charter rates fell for the first time in at least 16 months in what could be the first sign of container freight rates easing. This is according

October 29, 2021
Total Views: 3572

Friday, October 15, 2021
Rising Rates and Capacity Problems for Shippers Frustrated by Skipped Port Calls
Shipping

Rising Rates and Capacity Problems for Shippers Frustrated by Skipped Port Calls

By Mike Wackett (The Loadstar) – Container spot rates from Asia to the US have re-gained traction after China’s Golden Week holiday, while rates to

October 15, 2021
Total Views: 1551

Tuesday, October 5, 2021
general cargo bulk ship
Shipping

Coca-Cola Turns to Bulkers Amid Container Shipping’s Chaos

The chaos in container shipping has forced some brands like Home Depot, Ikea and Costco to get creative with their supply chains. We can now add The Coca-Cola

October 5, 2021
Total Views: 19707

Monday, September 27, 2021
Maersk Says Port Congestion and Supply Chain Bottlenecks to Persist Through Year-End
Ports

Maersk Says Port Congestion and Supply Chain Bottlenecks to Persist Through Year-End

China’s October Golden Week, Christmas and Chinese New Year will bolster strong demand for container shipping for the last quarter of 2021. But port

September 27, 2021
Total Views: 10047

Friday, September 24, 2021
port of los angeles
Shipping

Transpacific Spot Rates Ease Ahead of China’s Golden Week Holiday

By Gavin van Marle (The Loadstar) – There were signs of a silver lining finally beginning to appear for beleaguered US shippers this week, after the

September 24, 2021
Total Views: 742

Thursday, September 16, 2021
Bulker Rates May Go Parabolic Says Genco CEO
Finance

Bulker Rates May Go Parabolic Says Genco CEO

By Alex Longley (Bloomberg) An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring

September 16, 2021
Total Views: 2046

Friday, September 10, 2021
cma cgm container ship
Shipping

Shippers and Forwarders Deride CMA CGM’s Rate Cap as ‘High Level Torture’

By Nick Savvides and Mike Wackett (The Loadstar) – Freight forwarders and shippers have responded to CMA CGM’s pledge to stop spot rate increases

September 10, 2021
Total Views: 2111

Wednesday, September 8, 2021
containership
Shipping

More Logistics Players Guarantee Space by Chartering Their Own Box Ships

By Mike Wackett (The Loadstar) – Entrepreneurial logistics players are turning away from the highly congested transpacific market to cash in on the

September 8, 2021
Total Views: 1527

Monday, September 6, 2021
MSC_isabella_Los_angeles
Finance

MSC To Increase Its Peak Season Surcharge Between Europe And US

By Mike Wackett (The Loadstar) – MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October. The

September 6, 2021
Total Views: 1252

Thursday, August 12, 2021
brussels express lng ship converstion
Shipping

Hapag-Lloyd Reports First Half Profit of $3.3 Billion

German liner company Hapag-Lloyd has posted a $3.3 billion profit in the first half of the year amid “very strong demand” for container shipping

August 12, 2021
Total Views: 563
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