Container lines are still holding firm on trans-Pac rates
No collapse yet for ocean container spot rates. In fact, they’re up.
No collapse yet for ocean container spot rates. In fact, they’re up.
China-to-U.S. box rates are losing steam after last week’s rise.
As fewer ships arrive from China, there’s less capacity and equipment for U.S. and European container exports.
Container shipping rates from China to the U.S. west coast and international intermodal volume out of the L.A. port complex are both at or below last year’s seasonally-weak Chinese New Year Period. Extended factory shutdowns to prevent the spread of the coronavirus may inhibit a March or April rebound.
Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
No evidence yet of a rush to expedite exports ahead of feared price increase.
Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.
Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
Eight-year-old company working with storied shipping group to make indices available for financial products
Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.
Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.
High number of canceled sailings butts up against post-holiday restocking demand in the U.S.
A global container index offers a big-picture perspective on the worldwide supply/demand balance.
All shipping interests through Panama Canal face new fees as water levels drop to ‘historic’ lows.
Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.