FreightWaves Infographics: June sets record for China-US containers
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The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The scramble for container capacity is growing even more intense
Intermodal shipping is dominated by the largest shippers in the U.S. and operates on a more static network, which gains higher cost efficiency than trucking over longer-mileage runs.
The import boom appears far from over, and it will have implications long after this wave of unprecedented orders subsides.
Shipping containers are known for their long-term durability — here’s a closer look.
The U.S. Maritime Administration (MARAD) has announced more than $7.5 million in grants for nine “marine highway” projects.
Even a full U.S.-China trade deal might not stop shippers moving production out of China. But is the U.S. a realistic option?
Shippers believe container line consortia are anti-competitive and lack transparency.
Focus on profitability over market share bears fruit for Danish container shipping giant.
Capacity cuts by lines and higher bunker surcharges as IMO 2020 low sulfur fuels are phased in are fueling box freight rate inflation.
Transit times of 10-12 days are promised on the new service from DHL Global Forwarding.
Shippers will shun container lines that lack transparency or overcharge for low-sulfur fuels.
French calls for mandatory slow steaming continue, but the introduction of low-sulfur bunkers could see container lines accelerate services as fuel markets are played for competitive advantage.
Asia-Europe demand has been strong for much of the year, but spot rates have tumbled as some lines have cut rates. With demand weakening, carriers are poorly placed ahead of annual contract negotiations, says Drewry.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
The start of the box shipping slack season commences next week when Chinese factories close for the Golden Week holiday. Further spot rate losses are predicted by Alphaliner.
At 400 meters in length, the CMA CGM Jacques Saade has capacity for over 23,000 containers.
The shipping giant has teamed up with JDA to boost warehouse and supply chain visibility