On the wires: DSV's Nicolajsen and lamp posts
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Alphaliner published an interesting note this week which looked at the extraordinary performance of container freight rates, but at a granular level.
Analysing the recent gains on the Shanghai Containerised Freight Index – which charts nine deepsea trades out of Shanghai, in addition to four intra-Asia routes – and dividing the headhaul freight rate with the nautical distances between Shanghai and each trade’s base port to give the dollar earned per teu per nautical mile.
Here’s the situation as per this week ...
Carriers return to aggressive voyage blanking to mitigate reduced demand
MSC launches more solo services after 'meteoric' capacity increase
Shippers to pay the penalty as ONE set to apply overweight charge
Air cargo rates plummet alongside consumer demand for Bangladesh apparel
Explosion at Aqaba Port kills 14 after crane drops container of chlorine gas
2022 ocean and air freight markets: a mid-year assessment
AirBridgeCargo's Europe staff given termination notices, and bonus if they go
Ocean freight peak season hangs in the balance – will it sail or sink?
Container tracking 'a train not going to stop', predicts Drewry
Shippers cry foul as competition regulators ignore consortia
Air cargo weaker, but FedEx says it's ready for more 'economic headwinds'
Market Insight: Vienna's €1.8bn cargo-partner 'on the market' – rumours spring
Shareholder class action a threat to DB Schenker takeover of USA Truck?
French government 'presses' CMA CGM to cut ocean rates for retail imports
Transpac leads spot rate collapse as consumer spending reaches 'tipping point'
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