'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 ...
Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot rates have so far remained stubbornly low, which will make new contract negotiations onerous for carriers.
Despite huge FAK (freight all kinds) increases proposed by carriers for 1 November, 1 December and 15 December, Xeneta’s XSI Asia-North Europe component edged up just 1% this week, for an average of $1,244 per 40ft, and remains 50% below the level for the same week ...
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
New services and reinstated blanked sailings boost transpacific capacity
News in Brief Podcast | Week 21 | GRIs and European port congestion
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Comment on this article