Flexport projects trans-Pacific contract rates will decline around 70% from 2022 levels but still be around 30% above current spot rates.
U.S. importers have forsaken their traditional gateway in Southern California. Many may be gone for good.
Tanker capacity for diesel is already tight amid war fallout. With very few ships on order, future transport capacity could fall short.
Quarterly net losses could be around the corner for container lines, but EBITDA will stay high even if carriers dip into the red.
Shipping line Zim could face net losses in the quarters ahead, yet it has a hefty cash cushion to soften the blow.
With virtually no new ships on order and demand strengthening, the tanker business seems poised for a bull run.
U.S. businesses overshot in 2022, importing way more than they needed. The hangover is in full swing, depressing 2023 imports.
Supply chain issues are in the rearview mirror for Fed inflation policy, but for importers, there’s still room for improvement.
Container lines are unable to prop up rates because they haven’t culled enough capacity to compensate for weak demand.
FreightWaves CEO and founder Craig Fuller and Head of Freight Market Intelligence Zach Strickland discussed global supply chain conditions in the latest “State of Freight” webinar. The conversation came at a moment when supply chain participants are waiting to see whether the spring shipping season — which includes Florida and California produce — will be […]
Shipping lines like Hapag-Lloyd have suffered sharp rate falls from the peak, but they’re nowhere near financial distress.
Charter rates are far below the peak but higher than pre-COVID as liners continue to sign new container-ship leases.
Larger crude tankers are moving more U.S. exports on shorter voyages to Europe as long-haul volumes to China stagnate.
After a year of sanctions and “self sanctions,” shipping cargoes caught in the crossfire continue to find their way to buyers.
New Alphaliner data highlights the enormity of new container shipping capacity that’s poised for delivery.
Two container shipping experts give their take on how the hangover after the pandemic boom could play out.
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
Los Angeles continues to face a double whammy of sinking demand and fears over the port labor contract that expired in July.
Ocean carrier revenues fell sharply in the fourth quarter versus the third and continued sinking in January.
Sanctions have split the world’s tanker fleet in two. On one side, those that follow Western rules; on the other, those that don’t.
