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.
Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New Year holiday.
The Asia-U.S. container market continued its Q4 volatility, with climbing West Coast rates offset by a dip in East Coast prices.
Capacity reductions and additional blanked sailings by carriers struggle to maintain recent General Rate Increases on the trans-Pacific.
Container rates on the benchmark Asia-U.S. container trade route fell due to overcapacity, while a Red Sea return may pressure rates, and congestion.
Container lines are using rate hikes and blank sailings to manage capacity surplus and faltering demand.
Freightos has adopted an automated payment processing system from Transcard that comes with embedded financing to facilitate air cargo bookings.
A slate of China agreements clears some of the uncertainty around ocean shipping, but questions still surround demand in the U.S. and other markets.
Trans-Pacific container rates improved 15% to 20% last week as U.S. negotiators made progress on Asia trade deals.
Asia-U.S. container rates rallied on carrier-imposed GRIs and tighter capacity, despite trade tensions.
Container rates on key trans-Pacific routes accelerated their decline as China and the U.S. escalated their trade war.
Container rates on the eastbound trans-Pacific fall by double-digits as ocean shipping braces for new U.S. port fees.
Container rates on the trans-Pacific reached two-year lows as weak demand is expected to continue through the end of the year.
