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.
A bulk carrier managed by a U.S. company was one of several vessels hit by suspected hostile fire in the Persian Gulf.
Ocean freight rates remain high despite low seasonal demand due to increased fuel costs amid ongoing Strait of Hormuz closure.
The Iran war is making it more expensive to ship a container from Asia to the U.S., thousands of miles from the conflict.
Global repercussions of the Iran war are being felt throughout the supply chain, says an analyst, on sharp increases in ocean container rates.
The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.
Xeneta: Iran tensions could delay Red Sea return While ocean carriers wrangle with too many ships and too little cargo, continuing weak rates on the Asia-U.S. trade route are starting to show up on other benchmark shipping lanes. “Average spot rates are down this week across all main fronthaul trades out of the Far East,” […]
A closely-watched container price index fell for the fifth consecutive week as lower freight on benchmark ocean routes pressured global rates.
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 rates out of Asia fell by double-digits in the latest week following Chinese New Year.
The Asia-U.S. container market continued its Q4 volatility, with climbing West Coast rates offset by a dip in East Coast prices.
https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
Shippers have won a reprieve from levies on the United States’ largest trading partners, but tariff threats are boosting frontloading.
Tariffs, taxes, the FTC and food regulations are among the major issues.
“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.
U.S. importers now paying three times more per mile than Europeans for transport of Chinese goods.
Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.
