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freight rates


Tuesday, November 16, 2021
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: 3205

Friday, November 12, 2021
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: 960

Friday, October 29, 2021
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: 3608

Friday, October 15, 2021
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: 1577

Tuesday, October 5, 2021
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: 19743

Monday, September 27, 2021
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: 10085

Friday, September 24, 2021
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: 761

Thursday, September 16, 2021
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: 2062

Friday, September 10, 2021
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: 2127

Wednesday, September 8, 2021
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: 1561

Monday, September 6, 2021
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: 1268

Thursday, August 12, 2021
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: 577

Monday, August 2, 2021
Shipping

U.S. Shipper Accuses Ocean Carriers of Colluding to Raise Spot Market Rates

By Nick Savvides (The Loadstar) – A Pennsylvania-based shipper has lodged a formal complaint against two global shipping lines. In a $600,000 lawsuit

August 2, 2021
Total Views: 1564

Thursday, July 15, 2021
Shipping

Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens

By Brendan Murray (Bloomberg) — Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week,

July 15, 2021
Total Views: 5101

Saturday, July 10, 2021
Shipping

Skyrocketing Containership Rates Draw EU Scrutiny

By Aoife White (Bloomberg) Container shipping’s surging rates are getting scrutiny by the European Union, adding to a U.S. call for more competition among

July 10, 2021
Total Views: 2750

Thursday, July 8, 2021
Shipping News

2021 Container Rates Surge 333% From One Year Ago

By Brendan Murray (Bloomberg) –The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps

July 8, 2021
Total Views: 5729

Tuesday, June 29, 2021
Shipping

Retail Suppliers Scramble to Secure Christmas Goods as Cargo Delays Worsen

By Lisa Baertlein and Jonathan Saul LOS ANGELES/LONDON, June 29 (Reuters) – Suppliers to Walmart , Target, Amazon.com and other major retailers told

June 29, 2021
Total Views: 3687

Sunday, June 27, 2021
Shipping

Shipping Woes Means You May Want to Christmas Shop Early

By Brendan Murray (Bloomberg) — If it seems like shipping delays and soaring delivery costs aren’t getting any better, it’s because they’re both

June 27, 2021
Total Views: 3953

Friday, June 25, 2021
Shipping

Shipper Fury as Container Freight Rates Soar

By Mike Wackett (The Loadstar) – Short-term freight rates from China to North Europe have breached the $20,000 per 40ft mark, while transpacific

June 25, 2021
Total Views: 19678

Tuesday, June 15, 2021
Shipping

Deutsche Bank Set to Reap $1 Billion on Trader’s ZIM Bet

By Irene García Pérez and Luca Casiraghi (Bloomberg) — Mark Spehn couldn’t join billionaire Idan Ofer at his seaside villa north of Tel Aviv for a

June 15, 2021
Total Views: 2515
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