A 'dead cat bounce', as freight goes from rules-based to deals-based trade?
It’s not artificial intelligence we should be worrying about right now: it’s an artificial freight ...
You can forget freight rate hikes – ‘sub-economic’ rates on the main tradelanes are here to stay, according to leading shipping lines meeting at the this week’s TOC Americas conference in Cartagena.
Freight rates pegged below most carriers’ operating costs – good for shippers, bad for ...
Four crew members still missing as Wan Hai 503 continues to burn
Predatory rivals circle as the ripples from DSV's Schenker buy widen
Explosions and 'out-of-control' fire reported on Wan Hai box ship
MSC Elsa crew face criminal probe, as Wan Hai 503 firefighters battle on
Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz
'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
Comment on this article
Mike Wackett
October 16, 2014 at 8:20 amBunker prices plunged another $24 to around $460 a tonne yesterday and have now fallen by 16% in the past month.
Some more wriggleroom for carrier freight rate discounting?
Ricky Forman
October 21, 2014 at 1:28 pmWhilst carriers obsess over lowering unit costs, they should also consider hedging a proportion of their spot income at profitable levels. I always thought there were two sides to a business, income and expenditure…. Ignoring the income side simply doesn’t add up, carriers are offering contract rates for Q1 2015 at $1500 per feu but won’t guarantee income levels at $2400 per feu via hedging. Every stakeholder, investor should be asking their carrier this question….