Freightos’ board has agreed to put founder Zvi Schreiber’s proposals to a vote at its December annual meeting, escalating a dispute over the company’s focus on software over its booking platform. Schreiber, who resigned from the board in February, says the strategy is failing as AI threatens software products.
Container rates rise as the Red Sea return threatens to worsen oversupply in 2027.
Houthi attacks on Saudi infrastructure have raised the risk of renewed Red Sea shipping disruption ahead of 2027 contract negotiations.
Trans-Pacific trade armistice temporarily easing uncertainty for carriers and importers as rates hit yearly highs.
Trans-Pacific container rates remain near peak-season highs amid resilient U.S.-bound demand and congestion in Asia.
Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions.
Mideast tensions and operating issues are keeping container rates elevated on the trans-Pacific.
Trans-Pacific freight rates hit record highs due to strong, early peak-season demand.
Ocean container rates are on the rise, Freightos says, as carriers bet dollars to [terrorist] drones they can safely return to the Red Sea.
Container rate gains on Asia-U.S. trade lanes are reflecting unexpectedly resilient consumer demand despite inflationary pressures.
A rare stable moment in the U.S. tariff regime is likely boosting demand as trans-Pacific container rates strengthen.
Fuel prices climb anew as U.S., Iran battle over Strait of Hormuz, but near-term outlook for tariff pressures uncertain ahead of midterm elections.
Strong demand on the trans-Pacific keeps container rates high despite lower fuel costs, though volumes may be peaking early.
But supply chain normalcy is likely months off as anxious shippers spur an early peak in a rush to beat fuel surcharges and price hikes by Asian manufacturers. Spot rates on the benchmark Asia-U.S. West Coast route were unchanged at $4,836 per forty foot equivalent unit (FEU) in the latest week, according to the Freightos […]
A year after analysts predicted a fundamental shift to a late peak season, trans-Pacific rates are surging on frontloading by importers as the U.S. hits dozens of countries with new punitive tariffs.
Rate hikes and surcharges pushed up benchmark ocean container rates by $1,000 in the latest week, with more to come.
As the peak season nears, freight rates are expected to shift from their currently high fuel-cost baselines due to seasonal demand and fleet capacity management.
Ocean freight rates on the trans-Pacific remain above pre-war levels as retailers warn of tepid peak season gains.
Ocean freight rates remain high despite low seasonal demand due to increased fuel costs amid ongoing Strait of Hormuz closure.
Persian Gulf vessel traffic still at a trickle as the U.S. presses a blockade of the Strait of Hormuz.
