Ocean container rates out of Asia fell by double-digits in the latest week following Chinese New Year. The post New analysis ...
Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven ...
This past week, the U.S.-China trade fight moved decisively onto the water, Freight Right Global Logistics reports. On Oct. 14, Washington and Beijing both activated reciprocal port-entry fees that ...
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...