Spot Rate Rollercoaster: Carriers Bank on GRIs Ahead of Lunar New Year
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports
The China-Mexico trade route has experienced unprecedented growth in 2024, with shipping volumes surging 18.9% in the first nine months compared to 2023,
(gCaptain) – The Red Sea diversions over the last year have shown trade is like water—it will always find a way to flow. The old adage “trade at
A looming strike at ports along the US East and Gulf coasts could cause significant supply chain disruptions lasting into 2025, according to recent analysis
By Charlie Bartlett (The Loadstar) – The downward trend of the Drewry World Container Index (WCI) continued this week, showing average rates have fallen
Ocean container shipping demand from China to North America and North Europe hit record highs in June 2024, driven by importers scrambling to secure their
The dramatic surge in ocean freight container shipping rates appears to be reaching its peak as importers push back against rising spot rates, according to
Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released
Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta.
By Gavin van Marle (The Loadstar) – There were further double-digit increases in container spot freight rates this week, after a series of general rate
U.S. President Joe Biden has announced new tariffs on Chinese imports, a move that could further disrupt global supply chains and increase costs. These
Ocean carriers are walking a tightrope between risk and reward in new long-term contract negotiations, as uncertainty in the Red Sea continues to cast a shadow
A staggering 60% year-on-year increase in container shipping imports from China into Mexico in January 2024 is triggering suspicions of Mexico turning into a
Long-term container freight rates are soaring as many U.S. shippers begin negotiations over new long term contracts at the Journal of Commerce’s TPM24
Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the
Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate
In the wake of missile attacks on merchant ships in the Red Sea, global consumers are set to face the repercussions as supply chains descend into chaos.
Industry analysts warn that the recent missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could have
The latest data from Oslo-based Xeneta suggests that 2024 could be an even more difficult year for carriers in the ocean freight shipping market. The Xeneta
By Charlie Bartlett (The Loadstar) – Ocean Network Express (ONE) has been named by Xeneta as the most carbon-efficient carrier this year – and
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