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 ...
With the Red Sea crisis having effectively shielded the container shipping industry from a huge swing into overcapacity and the prospect of loss-making freight rates, one question stands out: will carriers be willing to change their guidance on 2024 earnings?
After all, rival ONE’s 2023 annual report, out today, which also includes the first quarter of calendar 2024, showed that the Red Sea crisis has become a real earnings boost for carriers, with the Singapore-headquartered line now forecasting a $1bn Ebit ...
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
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