It just got cheaper to rent a container ship — now only $125,000/day
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
California congestion hits charter rates as ship operators waste millions waiting to get to terminals.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Virtually every U.S.-listed shipping stock fell on a day that the S&P 500 hit a record high.
Maersk expands air business after earning more in a single quarter than in any prior full year.
Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
Media coverage increasingly links consumer price inflation to container shipping and supply chain chaos.
It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.
Ocean cargo shippers are paying more than they ever have before for the worst service they’ve ever experienced.
California port congestion is as bad as ever. Some imports have been stranded offshore for over a month.
Port volumes across the Gulf Coast were boosted in September by exports of petroleum and steel and imports of refrigerated cargo.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Every facet of the supply chain must be participating in an equal fashion in order to successfully complete the 90-day sprint.
Liner deals in the ship-leasing market imply strong confidence in high freight rates for the foreseeable future.
As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.
Pullback in trans-Pacific shipping rates: beginning of the end or brief reprieve with end still not in sight?
New forecasts from the National Retail Federation call for retail imports to stay high through at least February.
Shipping Asia-U.S. via regular ocean service and rail? “I would bet your goods will not arrive in time for Christmas,” says Flexport’s Nerijus Poskus.