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Although prices have gone down slightly, they are roughly in line with 2024 peak season levels during Red Sea and East Coast labor disruptions.
Trans-Pacific trade armistice temporarily easing uncertainty for carriers and importers as rates hit yearly highs. The post Ocean rates highest in a year amid US-China trade truce...
CMA CGM has announced new Rate Restoration Initiatives (RRI) of US$300 per TEU on container shipmen...
Container rates rise as the Red Sea return threatens to worsen oversupply in 2027. The post How new capacity is raising rates in chaotic ocean market appeared first on FreightWaves...
China’s Golden Week holiday appears to have marked the end of the protracted transpacific peak season, as container freight spot rates out of Asia to the US declined this week. Acc...
Mideast tensions and operating issues are keeping container rates elevated on the trans-Pacific. The post Fuel, congestion push trans-Pacific ocean rates near $9,500 appeared first...
Rates have been trending higher since the beginning of August due to the dislocation of carrier services linked to a string of storms that have disrupted operations at key ports in...
Rates are once again a poor indicator of demand in the maritime space. Comparing data on the Mediterranean and trans-Pacific lanes highlights this. The post Trans-Pacific rates soa...
With demand softening on the westbound trade lane, carriers continue to withdraw capacity, resulting slow but steady rate gains through August on routes out of North Europe and the...
Drewry’s World Container Index rose on higher rates on trans-Pacific and Asia-Europe routes. The post New Drewry data shows import demand boosting trans-Pacific rates appeared firs...
MSC has announced new freight rates from Northwest Continental Europe and Scandinavia/Baltic ports to the United States, Bahamas, Puerto Rico, Canada and Mexico. The revised rates...
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewatering numbers. Across t...
Shippers want to avoid locking in inflated rates as excess capacity and softening demand hang over the trade lane and may push down prices, analysts told a Journal of Commerce webc...
Shippers want to avoid locking in inflated rates as excess capacity and softening demand hang over the trade lane and may push down prices, analysts told a Journal of Commerce webc...
Container spot freight rates on the main east-west trades continued in much the same vein as they have since the beginning of August – slight declines on Asia-Europe trades offset...
Container spot freight rates on all three of the largest east-west trades – Asia-Europe, transpacific, and transatlantic – were on the rise this week. After three months of post-pe...
Orders for new containerships have expanded to nearly 40% of the active fleet, driven by contracts for large vessels. The post Ocean rate concerns as orders for new container ships...
Tropical Shipping will increase drayage charges for full-container-load cargo moving to or from selected locations in South Florida. The revised charges will take effect on 18 Octo...
Trans-Pacific freight rates hit record highs due to strong, early peak-season demand. The post Trans-Pacific spot rates reach new highs on resilient demand, port congestion appeare...
The price gap between container spot rates from Asia to North America and those to Europe has reached historic levels, with Sea-Intelligence warning that the current arbitrage coul...
Hapag-Lloyd will increase its Freight All Kinds ocean tariff rates from the Far East to several European regions. The new rates will apply to sailings with a tariffing date on or a...
The freight rate divide between major container shipping trades widened in the latest weekly readings, with Transpacific routes showing relative strength while Asia-Europe ra...
Ocean freight markets are diverging by route, with Asia-Europe and Mediterranean rates falling as carriers resume Red Sea services. Far East–North Europe rates are down 18 per cent...
But forwarders and analysts doubt whether the rate hikes due to take effect in the next few weeks will stick given rates are sliding from a two-year peak hit at the beginning of Se...
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