'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Container spot rates on the two biggest trades, Asia-Europe and the transpacific, fell again this week, exerting yet more pressure on the overstretched balance sheets of ailing ocean carriers.
The Shanghai Containerised Freight Index (SCFI) recorded a cumulative 3.6% spot rate decline on the previous week.
From Asia to North Europe, the SCFI suffered a 6.9% fall of $20 to $271 per teu – a level close to the all-time low recorded just four weeks ago – while to Mediterranean ports, there was ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article