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SummaryView Transcript The global supply chain is facing unprecedented challenges, with trucking spot rates hitting record highs and international ocean freight rates soaring. This...
Rates reach highest since 2024 Red Sea crisis in anticipation of fresh levies from US
When economists want to take the temperature of global trade, they increasingly look not at GDP revisions or purchasing manager indices, but at a number that was largely unknown ou...
Spot rates from Asia to the U.S. West Coast are up 120% since mid-May, while the East Coast lane is 85% higher compared to the last six weeks, according to Freightos.
While freight demand isn’t booming despite growth in imports and manufacturing activity, it’s enough to push transportation pricing higher.
The latest TD Cowen/AFS Freight Index projects truckload, LTL and parcel shipping costs will stay elevated through Q3 as fuel prices remain high.
Rising fuel prices and tighter capacity continue to keep transportation costs elevated across every major shipping mode.
Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US or the Mediterranean.
Rate hikes and surcharges pushed up benchmark ocean container rates by $1,000 in the latest week, with more to come. The post Box rates soar $1,000 in one week on peak rush appeare...
Container shipping rates from India to the Persian Gulf have significantly softened from the peaks recorded since the outbreak of hostilities in February. Freight rates ex-Nhava Sh...
Container spot rates from China to the US West Coast have surged over 300% from March to June. FreightWaves' Craig Fuller breaks down why this isn't a demand-driven surge, but a re...
Wouldn't want to have one of those $150,000 half million mile trucks right about now. Freight volume dropping and brokers don't want to pay
Ocean shipping rates continue their upward climb as peak-season demand, and not crude oil, are driving higher prices. The post Hormuz in the rearview as Asia-US ocean container rat...
Shippers should not expect more ocean carrier capacity to translate into falling freight rates.
Hapag-Lloyd has announced increased Freight All Kinds (FAK) ocean tariff rates for shipments between the Far East and Europe. The revised rates will apply to cargo transported in 2...
All rates cited below exclude fuel surcharges, and load volume refers to loads moved unless otherwise noted. The rate charts The post Dry Van Report: Cass Freight Shipment Index vo...
The spot rate for a 40-foot container to the U.S. West Coast from Asia was up 20%, to $3,933.
Two weeks ago, World Cup host city reefer rates and the rest of the country were rising together — host The post World Cup freight: host city rates break away from the pack appeare...
In the past year, the overall freight market in the U.S. has been pretty flat in terms of volume. "I anticipated there had to be some impact from the World Cup," says Dean Croke, P...
The atypical Q2 announcement goes into effect later this month amid heavier freight mixes gaining traction.
The sudden turn in spot freight rates and contract rate-related costs on the transpacific and Asia-Europe trades over the past fortnight has caught almost every stakeholder by surp...
If you’re running loads consistently but waiting 30, 45, or 60 days to get paid, freight factoring becomes less of a luxury and more of an operational necessity. But before using i...
Transpacific shipping rates to the West Coast have more than doubled since mid-May, while Asia to Europe rates have been up 70-80%.
Hapag-Lloyd has announced higher ocean tariff rates for shipments from India and Bangladesh to Northern Europe, the Mediterranean and the Black Sea, effective for sailings from 1 A...
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