Carrier price hikes hold, driving spot rates higher as space gets scarcer
Container spot freight rates on the transpacific and Asia-Europe trades saw a massive jump this ...
As quarterly results from ocean carriers begin to filter into the market, we are already witnessing some revealing patterns for operating earnings per teu.
Background
The third quarter was a seesaw for carriers and customers alike.
The Red Sea crisis continued uninterrupted; then we bumped into a peak season on the Asia-Europe trade carried before anyone realised it was even on its way; and North America’s appetite for container imports was healthier than ever, the causes of which are yet to be determined ...
Predatory rivals circle as the ripples from DSV's Schenker buy widen
Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz
DHL Express facilities in Canada forced to shut down by strike
Industry concerns rise after yet another box ship on fire off Indian coast
New Middle East conflict brings airspace closures, flight chaos and oil price worry
More legal trouble in India for MSC: feeder vessel detained after box ship disasters
Return of downward pressure on container spot freight rates
BYD launches logistics subsidiary – and eyes ports and shipping sectors
Comment on this article