The mystery of the frozen trans-Pacific spot rates
Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
Trans-Pacific spot index rates haven’t budged from the same peak band for the past 10 weeks. How is this possible in a competitive free market?
Container shipping stocks are back to pre-COVID levels whereas many tanker and bulker stocks are down by double-digits year-to-date.
There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
First, Spire collects the ship-movement data from orbit. Then algorithms use that data to reveal the patterns of global shipping.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Panama Canal congestion is not impeding transits of container ships but it is pumping up spot rates for LNG and LPG carriers.
The total market capitalization of U.S.-listed ocean shipping stocks has plunged 34% in 2020, but there are reasons for hope in 2021.
Ocean Audit founder and CEO Steve Ferreira talks latest maritime shipping trends on Black Friday.
Bulk soybean and corn exports are way up, but containerized ag exports are waylaid by equipment shortfalls and Chinese inspections.
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
As COVID hospitalizations surge and business restrictions mount, could U.S. importers be overshooting the mark?
Tight container market, COVID-19 pandemic concerns and sufficient network capacity are among top concerns of some grain shippers.
Maersk confirms that cargo demand looks strong through year-end, bucking the usual seasonal trend.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Hapag-Lloyd sees strength until “at least Chinese New Year” and a challenge to “get containers where they need to be.”
There are not enough containers in China to handle all the U.S.-bound cargo — and box factories are now sold out into Q2.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
The one-two punch of the Pfizer vaccine and Joe Biden’s victory will affect container and tanker shipping in multiple ways.
The trans-Pacific capacity crunch continues. Container volume that’s either inbound to Los Angeles or stuck at anchorage is surging.
U.S.-listed carrier reveals the latest on trans-Pacific holiday rush, restocking, e-commerce spike and port congestion.