ocean rates

Xeneta: Asia-US spot rates are nearing pandemic records after surging more than 320% since late February.

Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions.

Mideast tensions and operating issues are keeping container rates elevated on the trans-Pacific.

Delayed tariffs sparked unexpected summer demand as another global liner made its return to the Red Sea.

Shippers are leaving money on the table, an analyst says, if they don’t consider switching coasts for Asia import containers.

Zim’s Q2 net income rose on higher rates and volume as it reaffirmed full-year guidance as its pending merger with Hapag-Lloyd progresses.

A rare stable moment in the U.S. tariff regime is likely boosting demand as trans-Pacific container rates strengthen.

Shippers could start to see some relief from soaring trans-Pacific ocean rates, according to one analyst, as prices moderated in the most recent week.

Ocean shipping rates continue their upward climb as peak-season demand, and not crude oil, are driving higher prices.

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 […]

The Gulf crisis has yet to hit global container traffic, liner operators say, as April volumes surged past year-ago levels.

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. 

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,” […]