Ocean spot freight rates are accelerating at their fastest pace since last June in a sign that the peak shipping season is ...
The KOBC Container Composite Index (KCCI) has risen for five consecutive weeks, though the upward momentum has slowed.
The KOBC Container Composite Index (KCCI) has continued its upward trend for four consecutive weeks, with the rise ...
Air freight was also tight, CNA reported. Dimerco said some high-tech firms resumed direct China-US air cargo services, ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Large container ship Cosco Shipping Lotus docks at a terminal of Lianyungang port in Lianyungang, East China's Jiangsu Province on April 5, 2023. Photo: VCG Shanghai International Energy Exchange (INE ...
Intercontinental Exchange (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that it plans to launch four ...
Mass diversions of container ships around Africa’s Cape of Good Hope caused spot rates to surge, but the Red Sea effect has a limit, which may have already been reached. Upward momentum has slackened.
Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...
Dockworkers with the International Longshoremen’s Association went on strike at midnight Tuesday, shutting down container freight operations in New York City ports and along the eastern seaboard and ...
Starting from the end of 2020 and into 2021 container shortages and congestion at ports, along with other disruptions, resulted in record container freight rates, notably on the routes from China to ...