OOCL’s 2025 results underscore the container shipping industry’s struggle with persistent rate deflation, as the COSCO-owned ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
SINGAPORE, Nov 18 (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in ...
The Federal Maritime Commission (FMC) has begun releasing Containerized Freight Statistics (CFS) data, which is submitted by ocean common carriers as mandated by the Ocean Shipping Reform Act of 2022.
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...
Managing the price risk in shipping containers has become paramount as cargo owners look to hedge the cost of freight, which can account for up to 20% of cargo value. New freight futures contracts ...
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...
CORAL GABLES, Fla. , March 3, 2025 /PRNewswire/ -- Logistics payment platform, PayCargo, and Gnosis Freight, a leading provider of supply chain visibility and execution software for shipping ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...
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