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.
As Iran retaliates against U.S.-led attacks, the effects on Persian Gulf shipping threaten to spread beyond the region to the wider global supply chain.
Shares of Freightos Limited fell roughly 30% shortly after the digital freight platform announced its founder Zvi Schreiber would step down from its board of directors.
Container rates continued to fall on Asia-U.S. trade lanes as shippers wait out the Lunar New Year holiday.
Muted demand marks the trans-Pacific container market post-Lunar New Year as ocean freight rates are easing earlier than usual.
Container rates on a key U.S. route are dropping earlier than expected, suggesting retailer caution caused by trade war uncertainty.
Ocean container shipping holds its collective breath as Trump threatens new EU tariffs over Greenland purchase.
Trans-Pacific shipping rates have been increasing since mid-December, rising by approximately 5% in the last week.
Container rates on the eastbound trans-Pacific are climbing, but several factors are likely to weigh on a rebound.
