News Media
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Container Spot Rates in China Set to Hit Five Figures
Date : 2024-06-12
There were further double-digit increases in container spot freight rates this week, after a series of general rate increases and other surcharges came into effect on 1 June, a day or two after last week’s indices were published.
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Are Geopolitical Conflicts Push Shipping Towards a Golden Era?
Date : 2024-06-12
If there was a universal theme at the parties, presentations and meetings in the world’s shipping capital Athens this week, it’s that bad times are good for business.
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Hapag-Lloyd Sees Prolonged Red Sea Reroutings Regardless of Ceasefire
Date : 2024-06-12
German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal anytime soon, even if a ceasefire between Hamas and Israel was reached now, a spokesperson for the company told Reuters on Tuesday.
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Asia-Europe Container Trade Surging as Forwarders Warn of Capacity Crisis and Soaring Freight Rates
Date : 2024-05-22
Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot like the pandemic peak. “It’s shocking” said one UK forwarder. “The speed and pace of change is phenomenal, replicating the lead-up to the peak of ...
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Red Sea crisis and port congestion drive blank sailing surge
Date : 2024-05-22
Box lines are tradionally using blank sailings to manage supply in relation to demand, but during the pandemic, shipping lines were forced to blank sailings despite high demand and high freight rates, as endemic port congestion created a shortage of ...
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E-retailer demand surge to drive extended boom in trans-Pacific air freight market
Date : 2024-05-22
Air cargo demand will enjoy a sustained boost as Chinese e-retailers such as Temu and Shein attempt to establish sizeable market share in the US.
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What is behind the sudden and dramatic increases in ocean freight container shipping rates?
Date : 2024-05-22
Ocean freight container spot rates have risen sharply on the world’s top trades since the start of May, prompting speculation that the peak season has arrived early in 2024.
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Will new US tariffs on China imports be a case of history repeating?
Date : 2024-05-22
Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on 14 May.
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Global trade gains push air cargo rates higher: TAC Index
Date : 2024-05-09
Rates on big lanes out of China mostly maintained positive momentum of recent weeks and months
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Thousands of Canada’s rail workers have a strike mandate. What happens now?
Date : 2024-05-09
CN and CPKC engineers and conductors vote in favor of strike action
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OTI (Ocean Timeliness Indicator) April 29th, 2024
Date : 2024-05-09
OTI (Ocean Timeliness Indicator) April 29th, 2024
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[SHIPPING INDEX] World Container Index - 11 Apr
Date : 2024-04-16
Drewry’s World Container Index decreased by 1% to $2,795 per 40ft container this week.
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[AIR INDEX] WorldACD Weekly Air Cargo Trends – week 14
Date : 2024-04-16
Worldwide air cargo rates have continued to rise into the first week of April, boosted by a surge in prices and demand from Middle East & South Asia origins, according to the latest weekly figures and analysis from WorldACD Market Data, despite a fal...
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[AIR] How cross-border e-commerce is propelling air cargo industry
Date : 2024-04-16
The e-commerce air cargo sector is experiencing an unprecedented surge and is expected to grow remarkably in the coming years. According to Andre Majeres, the Head of E-commerce, Cargo, and Mail Operations at the International Air Transport Associati...
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[SHIPPING] March U.S. Import Container Volume Continues Strong Trajectory
Date : 2024-04-16
In March 2024, U.S. container import volumes increased 0.4% from February, but jumped 15.7% when compared to the same month last year, indicating exceptional growth when considering the impact of the Chinese Lunar New Year on the second half of March...
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EUSU LOGISTICS MONTHLY LOGISTICS & NEWS_MARCH '2024
Date : 2024-03-26
EUSU LOGISTICS MONTHLY LOGISTICS & NEWS