Transpac spot rates crash as pre-tariff demand for US imports from Asia fades
Container spot freight rates on the transpacific eastbound routes from Asia to the US west ...
Asia-North Europe carriers are continuing to slash FAK rates as the container spot market records another weekly decline.
APL and parent company CMA CGM announced today that from 1 June, the 40ft FAK rate would be cut by $100 to $1,800 for the Le Havre-Hamburg range ...
New Middle East conflict brings airspace closures, flight chaos and oil price worry
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BYD launches logistics subsidiary – and eyes ports and shipping sectors
Shippers wanting a return to Suez should be careful what they wish for
China pushes Cosco participation in consortium eyeing Hutchison buy
Congestion at Chittagong as boxes pile up on docks and ships wait at anchor
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Comment on this article
Rajiv Sathe
May 18, 2019 at 4:49 amBy reducing the rates the trade volumes are not going to increase. what is the need for a rate reduction? Is it to make competition financially weak?
Daniel Pettersson
May 21, 2019 at 2:43 pmEver heard of market share?