In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...
Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...
Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...
LONG BEACH, Wash. (AP) — Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...