Ocean freight futures insight
All you need to know
(Happy Ganpati Festival for our Indian friends! Wisdom and intelligence are indeed needed to get rid of obstacles and venture to new beginnings!)
The turn in spot rates continues with Drewry’s World Container Index (WCI) suffering the largest drop in seven weeks, as disclosed last Thursday, followed by other indexes.
Meanwhile, CTS July numbers still show decent volume growth over 2023 figures, however. And ship sizes are likely to get another bump, with a design for 27.5k teu out ...
'Disastrous' DSV-Schenker merger would 'disrupt European haulage market'
'Chaos after chaos' coming from de minimis changes and more tariffs
List of blanked transpac sailings grows as trade war heats up and demand cools
Shippers in Asia restart ocean shipment bookings – but not from China
India withdraws access for Bangladesh transhipments, in 'very harmful' decision
'Tariff hell' leaves industries in limbo – 'not a great environment to plan'
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
Pre-tariff rush of goods from US to China sees air rates soar, but not for long
De minimis-induced ecommerce demand slump could cripple freighter operators
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Hapag 'took the bigger risk' when it signed up to Gemini, says Maersk
'Restoring America's maritime dominance' – stop laughing at the back of the class
Navigating tariffs: 'like trying to solve a Rubik's cube while colour-blind'
Marginal gains on east-west ocean container routes in a challenging week
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