Return to double-digit spot rate gains looms with new FAK hikes and surcharges
As expected after last week’s surge in spot rate levels, this week saw more modest ...
Wind the clock back a few weeks, if you can remember which phase of insanity the shipping market was passing through*, and only a madman would have predicted that come the first quarter earnings season analysts would be asking themselves why management teams weren’t raising their full-year profit forecasts.
(*Hint: it was the one where shipping lines were staring down the barrel of the metaphorical gun in the shape of massive overcapacity and loss-making freight rates; before their crews found themselves ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article