Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm ...
News that the air cargo market is continuing to soften is likely to trigger more rate renegotiations between carriers and customers.
The latest data, out today, shows volumes in June were down 8% year on year, while demand was down 7% compared with 2019.
Capacity was up ...
Four crew members still missing as Wan Hai 503 continues to burn
Explosions and 'out-of-control' fire reported on Wan Hai box ship
Carrier price hikes hold, driving spot rates higher as space gets scarcer
Predatory rivals circle as the ripples from DSV's Schenker buy widen
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
'It's driving us mad', say forwarders as US court fails to end tariff turmoil
Transpacific rates ease as capacity boost proves too much for trades to digest
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