Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
Global commodities giant Cargill has said container shipping lines ought to reconsider their opposition to container freight derivatives in response to rapidly declining spot rates on the major east-west trades.
Speaking to The Loadstar on the sidelines of the TOC Container Supply Chain event in Rotterdam yesterday, Victor Helmand, EMEA container lead at Cargill, said: “I would encourage the container shipping lines to use the derivatives product because it would give them more predictable revenues.
“I understand that carriers have compared the ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Shippers brace for rate rise as smart phones expected to drive air cargo market
DHL expands agreement with Shopify – where does that leave Flexport?
Comment on this article