Gulf freight rates jump as shipping companies turn to trucks to move cargo
Businesses face thousands of dollars in extra costs, with lorries only able to carry a fraction of the goods
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Businesses face thousands of dollars in extra costs, with lorries only able to carry a fraction of the goods
Rates to the US East Coast and Europe are down by as much as $500 per FEU in recent weeks as ocean carriers look to lift volumes that softened in April.
Shippers are paying significantly less for container transport, in real terms, than they were more than a decade ago, according to new analysis from Sea-Intelligence, based on Cont...
FTR and Truckstop.com reported all-in spot rates hit a record high last week. When fuel surcharges are pulled out, though, linehaul's...
Diesel prices surged, drivers are scarer, and freight rates just hit a two-year high. The latest FTR, Cass and DAT data explore where the trucking market is headed.
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...
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...
The increasing volatility in freight rates caused by the Iran war is not comparable in scale to the extreme freight rate inflation of the Covid period, according to analysis from D...
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: Freight volumes are stirring,...
Freight rates could spike materially in the coming weeks as the downstream impacts of disruption the world over make their mark, and, once again, it appears carriers will be the be...
International airfreight rates have surged by up to 95% between February and March, driven by reduced capacity and higher fuel prices linked to the Iran war, raising the risk of pr...
We are approaching six weeks since Iran closed the Strait of Hormuz, and only a few vessels per day are being allowed through. Ships that are transiting are doing so via coordinati...
Renewed tensions in the Middle East linked to U.S. operations facilitating vessel transits through the Strait of Hormuz are continuing to affect container and air cargo markets, al...
Midsize importers are generally satisfied with the base rates contained in their 2026–27 service contracts, but many are at the mercy of ocean carriers as to how emergency fuel sur...
Executives say the jump in trucking rates is being driven less by increased volumes and more by higher operating costs and tightening capacity, creating a more fragile recovery.
Increased fuel costs from the Strait of Hormuz closure continues to keep container rates elevated during the post-Lunar New Year, pre-peak season, low demand season for ocean freig...
Most of the increases represent a significant premium on current pricing levels, but it remains to be seen how sticky the aspirational rates will be with cargo markets also under p...
Container spot freight rates on the transpacific trade into the North America west coast managed to defy gravity and edge up this week, while most other east-west trades witnessed...
Carriers are gaining the upper hand on pricing, signaled by rising freight costs and falling volumes. Could the U.S./Iran ceasefire further stoke improving conditions?
A two-week ceasefire in the Middle East has raised hopes of easing pressure on global supply chains – but the latest air freight data shows rates still climbing sharply to the poin...
Container spot freight rates across the transpacific and Asia-Europe trades saw marginal gains this week, as carriers managed to halt three consecutive weeks of price declines into...
Several leading indexes and data sources show trucking rates rising across modes, including truckload and LTL, driven by fuel costs and tighter capacity.
A newly-launched US operation to facilitate vessel transits out of the Gulf is leading to increased tension and some renewal of fighting in the Middle East. US support, including b...
With ocean carriers finally able to apply emergency fuel surcharges to shipments into the US this week, spot rates on the transpacific and transatlantic trades leapt. This week’s W...
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