freight rates


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: 790

Thursday, September 16, 2021
Employees working at cargo ship Kypros Land which is loading soybeans to China
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: 2085

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: 2159

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: 1602

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: 1302

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: 602

Monday, August 2, 2021
A COSCO ship at the port of long beach
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: 1601

Thursday, July 15, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
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: 5127

Saturday, July 10, 2021
jakarta container terminal
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: 2763

Thursday, July 8, 2021
Mumbai Maersk at the Port of Tanjin Pelepas
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: 5790

Tuesday, June 29, 2021
yantian port
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: 3717

Sunday, June 27, 2021
port of los angeles-long beach. photo REUTERS/Lucy Nicholson
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: 3997

Friday, June 25, 2021
shipping container
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: 19739

Tuesday, June 15, 2021
zim containership
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: 2568

Monday, June 14, 2021
Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys
Shipping

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

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

June 14, 2021
Total Views: 13424

Tuesday, June 8, 2021
U.S. Maritime Regulator Sees Shipping Snarls Lasting to 2022
Ports

U.S. Maritime Regulator Sees Shipping Snarls Lasting to 2022

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

June 8, 2021
Total Views: 2907

Friday, June 4, 2021
container ship underway at sea
Shipping

‘Out of Control’ Box Ship Charter Market Continues Bull Run

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

June 4, 2021
Total Views: 3080

Thursday, May 27, 2021
shipping container
Shipping

Container Rates Top $10,000 From Asia to Europe

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

May 27, 2021
Total Views: 4172

Thursday, May 13, 2021
shutterstock_1081936637 containership
Shipping

Containership Time-Charters Break New Records

By Mike Wackett (The Loadstar) – Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their

May 13, 2021
Total Views: 3214

Friday, May 7, 2021
brexit port
Shipping

Shippers Compete for Space as Container Freight Rates Continue Rise

By Mike Wackett (The Loadstar) – Shippers from Asia to Europe saw a further spike in container spot rates this week, particularly for Mediterranean

May 7, 2021
Total Views: 6266