Widespread blanked sailings stave off major collapse of transpacific rates
Spot rates across all the major east-west deepsea trades continued their downward descent this week, ...
Ahead of the largest-ever general rate increases proposed by ocean carriers on the Asia-North Europe tradelane on 1 July, the Shanghai Containerised Freight Index (SCFI) today recorded a jump of $343, to push the spot rate index up to $548 per teu.
Asia-Mediterranean trades, also subject to 1 July GRIs, were boosted by a hike of $401 to $675 per teu. The increases represent week-on-week growth of 59.8% and 68.3% respectively.
Although considering the quantum of the GRIs – up to $1,300 ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Shippers should check out the 'small print' in China-US tariff cuts
Spot rates on transpacific surge after news of tariff time-out
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Threat to airport operations as India revokes security clearance for handler Çelebi
MSC Antonia, a casualty of the epidemic of GPS area-denial
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
IATA to downgrade air cargo growth forecast 'to something more sustainable'
Amanda Jones Rasmussen returns to DHL GF as new global CCO
Maersk joins peers with emergency surcharges on Pakistan cargo
South America will benefit as air cargo traffic diverts from the transpacific
Evri gets 'Premium' boost from merger with DHL's UK ecommerce division
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Brazil's outdated and inefficient ports the barrier to economic growth
Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
Comment on this article