Rates still slipping as peak season recedes and port strike threat subsides
Freight rates are continuing their downward correction following the premature peak season and front-loading of ...
Freight markets are expected to soften – not least because of high inventory levels.
According to data from the US Census Bureau, retail inventories are on the rise. In fact, according to Sea-Intelligence, November inventory reached $30.2bn higher than the norm.
“The upward spike in July-August 2024 is not only very visible, but also the largest upwards deviation we have seen since the financial crisis,” explained Alan Murphy, CEO of Sea-Intelligence.
“The largest deviation was seen in September, at an excess of 3.1%, ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Comment on this article