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Ocean Freight Rates Bounce Back as Carriers Tighten Capacity, But Will it Last?
Blank sailings surge 60 percent in October as carriers fight off post-peak season slump, with container prices from Asia to the U.S. and Europe seeing double-digit gains.
Freight Right Global Logistics reports ocean shipping rates rose $700-$900 amid the U.S.-China trade tensions, with air ...
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry ...
The downward trend in ocean freight volumes that began in 2022 continued last year, with many major ports reporting declines in throughput of containerized cargo. Transport Topics’ updated Top 25 list ...
Confusion over looming port fee rules on China-built containerships has ocean carriers scrutinizing financing deals that could deem them to be Chinese entities.
What a difference a year makes. In March 2022, ocean freight rates were at record highs, with capacity straining under the weight of historic U.S. import demand. High inventories and economic ...
The Senate’s version of the bipartisan Ocean Shipping Reform Act overwhelmingly passed in the House this week. The legislation is on its way to the president for his signature and its being touted as ...
Hundreds of global leaders gathered for the inaugural One Ocean Week Seattle, a maritime conference that wraps up Sunday.
Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike threatening to close ...
Global freight forwarder C.H. Robinson posted third-quarter profit above Wall Street estimates on Wednesday, as cost-cutting measures helped it offset weak freight demand, sending its shares up about ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
Supply chain professionals in the ocean freight industry are constantly seeking ways to reduce costs and increase efficiency, and technology can be a powerful ally in achieving these goals. With the ...
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