Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
“Global ship operators that normally begin the summer preparing for peak shipping season instead are bracing for a surge in tariffs. Executives say they are concerned that recent weakness in shipping rates sends an ominous signal just as some major economies are starting to stumble and trade tensions are rising.” – Wall Street Journal, June 2019.
This is normally the time of the year when, full of enthusiasm, ocean carriers look forward to a lucrative peak season.
2019 is worryingly different, ...
CMA CGM South Korean staff strike over bonuses after bumper 2024 profit
MSC switches two more Asia-Europe port calls from congested Antwerp
Ports and supply chain operators weigh in on funding for CPB
Nightmare for Bangladeshi exporters as congestion and tariffs bite
Carriers introduce surcharges as congestion builds at African ports
Box ship overcapacity threat from carrier appetite for new tonnage
CMA airline returns two freighters, while ANA takeover of NCA looms
Tradelanes: Export boom in Indian sub-continent triggers rise in airfreight rates
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