Carriers are “jacking up” spot rates to improve their negotiating hands with shippers as they agree pricing for IMO 2020 fuel bills and long-term Asia-Europe contracts.
The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
Logging onto an air cargo web site to book space for your shipment is so 2010s. Forwarders and airlines looking for speed and efficiency are plugging directly into each other’s systems to match loads.
Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.
Data reveals how container pricing may have suffered collateral damage from the trade war.
After first half surge, the back-end of November is weakening after the last U.S. freight surge.
Freightos, the world’s largest freight marketplace, sees transparent pricing of international freight benefiting shippers and forwarders alike.
China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.
The maritime sector, which is undergoing profound changes, will be spotlighted at the upcoming FreightWaves LIVE event.
With spot container freight rates continuing to tumble, carriers are forecast to withdraw more capacity ahead of annual contract negotiations with shippers.
The autumn peak season will be over before you know it. Trans-Pacific container rates have yet to budge.
Could new tariffs derail solid rate performance in the trans-Atlantic trade?
Data confirms that U.S. importers are increasingly opting to bring Asian cargoes into East Coast ports.
China‘s largest freight forwarder will use WebCargo platform to bring rates and capacity online.
Forwarders and ocean carriers are betting a major holiday in Asia and seasonal inventory building at U.S. retailers will provide a boost to container shipping rates. Despite the short-term bump, one outlook for 2019 suggests the container shipping industry will remain challenged. Spot rates on one of the busiest ocean trade lanes for moving containerized […]
Sanguine outlook could flip, but retailers look well stocked ahead of peak season.
Freightos CEO and serial entrepreneur Zvi Schreiber ventures onto FreightWaves Insiders this week to discuss: Freightos’ new deal with a major airline that has the company soaring, the dangers of replicating Amazon’s business model and the how he has found success as an entrepreneur. Subscribe now on Apple Podcasts, Spotify, Stitcher and everywhere podcasts are […]
Freightos, the software as a service (SaaS) platform for the freight industry, is building an online pricing and booking platform for air cargo for one the biggest airlines in the world. United Continental (NYSE: UAL) plans to use Freightos’ WebCargo Horizon platform as the back-end system for on-demand booking, dynamic pricing and real-time updates for […]
Freightos will offer real-time quotes and booking on Europe’s third-largest air carrier as part of the company’s growing online freight marketplace. IAG Group, the holding company for British Airways and Iberia Airlines, said Freightos’ WebCargo is the first third-party platform to offer access to rates and capacity for air freight on IAG flights. WebCargo […]
As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.
