freight rates


Friday, March 18, 2022
Pay-Anything Mentality Grips U.S. Importers Fearful of More Shipping Woes
Shipping

Pay-Anything Mentality Grips U.S. Importers Fearful of More Shipping Woes

By Laura Curtis (Bloomberg) — U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping

March 18, 2022
Total Views: 1799

Friday, February 11, 2022
An up-close image of a Maersk ship in port
Shipping

Softening Spot Rates Could Mean End for Ad-Hoc Carriers

By Mike Wackett (The Loadstar) – Maersk said this week it anticipated container spot rates would fall back in the second half of the year, justifying

February 11, 2022
Total Views: 1463

Wednesday, February 9, 2022
maersk freight cargo
Shipping

Top European Shippers Warn Freight Costs to Stay High

By Jacob Gronholt-Pedersen COPENHAGEN, Feb 9 (Reuters) – Two top European shippers warned on Wednesday freight costs were likely to remain high well into

February 9, 2022
Total Views: 756

Tuesday, February 1, 2022
brussels express lng ship converstion
Shipping

Hapag-Lloyd Reports ‘Extraordinarily Strong’ Earnings in 2021

German ocean carrier Hapag-Lloyd “extraordinarily strong” operating results in 2021 thanks to higher freight rates, although volumes remained

February 1, 2022
Total Views: 1398

cargo ships loading at port of oakland
Shipping

Liner Industry Appears Set for Another Record Quarter as Rates Bull Run Continues

By Mike Wackett (The Loadstar) – The bull run for ocean carriers appears unstoppable, with profitability in the first quarter of the year looking to be

February 1, 2022
Total Views: 1123

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: 1188

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: 960

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: 2133

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: 1196

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: 5233

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: 2054

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: 1352

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: 860

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: 3223

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: 984

Friday, October 29, 2021
The CMA CGM Marco Polo, an Explorer class container ship crosses under the Verrazzano-Narrows Bridge, to enter New York Harbor as seen from Brooklyn, New York, U.S., May 20, 2021. REUTERS/Brendan McDermid/File Photo
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: 3658

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: 1608

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: 19765

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: 10128

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: 785