freight rates

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

By Alex Longley, Catherine Bosley and Deirdre Hipwell (Bloomberg) — The skyrocketing price of shipping goods across the globe may hit your

By Brendan Murray (Bloomberg) — The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay

By Mike Wackett (The Loadstar) – The box ship charter market is continuing its bull run, with daily hire rates in some sectors now “out of

By Brendan Murray (Bloomberg) — The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an