containerized freight

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.

Despite the timing of the Lunar New Year, import volumes at three of the largest U.S. ports rose year over year.

The East and Gulf Coast ports continue to take market share from the largest West Coast ports, which had a challenging March.

Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.

The initial shock factor is waning and ocean spot rates are losing momentum across the globe.

The CEO of the Port of Long Beach boss cited restocking ahead of the Lunar New Year as the driver for import growth in January.

Spot-exposed carriers are likely to see a boost to their Q1 2024 financials.

Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.

Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.

Containerized imports to Savannah were increasing before the holiday, and rejection rates out of Dallas fell 100 basis points since Monday.

Dwell times in the Port of Los Angeles dropped below four days, and outbound volumes are up in Savannah, Georgia, due to more imports being sent to the East Coast.

Importers have been shifting to the East Coast since 2021, but the full realization of this has peaked over the summer. The shifting import pattern has strong downstream effects for surface transportation providers.

Imported twenty-foot equivalent units cleared through customs to the Port of New York and New Jersey fell last week, and truckload volumes in St. Louis are climbing this week.

DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.

The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.