freight rates


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: 1359

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: 869

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: 3235

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: 999

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: 3714

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: 1628

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: 19784

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

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: 10206

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: 817

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: 2095

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: 2164

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: 1609

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: 1312

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: 608

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: 1615

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: 5143

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: 2780

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: 5823

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: 3729

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: 4009