New price hikes may slow ocean spot rate slide – but for how long?
Container spot freight rate indices showed some divergence this week, indicating that recent falls in ...
US container import volumes continued to show surprising strength in May, according to new data from shipping analyst John McCown.
Mr McCown said inbound boxes last month were up some 5.6%, year on year, although the increase was more muted than the 13.4%, 19.9% and 26.5% increases seen in April, March and February, respectively.
“It represents the strongest performance since the pandemic, and a continuing sign of robust inbound volume strength,” Mr McCown wrote.
“Those increases follow 15 straight months of generally double-digit ...
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