Port congestion and longer container wait times are resulting in higher ocean shipping spot rates on some trade routes, price increases which ultimately flow through to the consumer. FBX Dry Baltic ...

Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.

Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry ...

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 ...

Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...

Much of what we all consume or own today arrived here in a shipping container. These large steel boxes have become the vehicle by which virtually everything that isn’t shipped in bulk like oil, coal ...

Shipping snafus are gaining steam as congestion along one major rail system is causing shippers to halt hauling ocean containers from the West Coast. According to “The Journal of Commerce,” the Union ...

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 ...

In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...