Have spot rates reached their peak? 'We're not out of the woods yet'
There are tentative signs that soaring container spot rates may be coming to an end ...
Yesterday came the news that UK supermarket Asda has become the latest shipper to charter its own vessel to overcome the supply chain chaos – a ship carrying 350 boxes is now en route to the UK.
These stories are becoming increasingly common, but the stand-out star remains remains the world’s favourite soft drink… remember the Coca-Cola post on social media that went viral for choosing breakbulk over containers?
Quick recap
“When you can’t get containers or space due to the current ocean freight ...
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article