Average spot rates on most intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container...

Industry Opinions

Transpacific troughs as WCI registers double-digit dip even as market await clarity on possible strikes

Container News Team - September 16, 2024 0

The Drewry World Container Index (WCI) registered its largest weekly fall in percentage terms since May 2020 at US$4,168, dropping over 13% for the...

Industry Opinions

Survey confirms continued rise in freight demand for US-bound shipments in August

Ioanna Kontos - September 12, 2024 0

Container xChange, the global online marketplace for container trading and leasing, released new data that provides insights into the latest container leasing rate trends...

Industry Opinions

Chinese seaborne dry bulk imports up 6% despite economic challenges

Container News Team - September 11, 2024 0

So far in 2024, China has increased its inventories of iron ore, coal and grains, which has been a positive demand driver. Iron ore inventories...

Industry Opinions

US Presidential Debate: Trump’s tariffs to cause rate spike – with consumers picking up the cost

Ioanna Kontos - September 11, 2024 0

Donald Trump’s proposed import tariffs would see the cost of shipping goods by ocean increase in a repeat of the market spike seen during...

Industry Opinions

Container market braces for ILA strike on US East Coast

Container News Team - September 11, 2024 0

Ocean spot rates from Asia to North Europe and the Mediterranean decreased further last week. Prices are now more than 20% below their highs...

Industry Opinions

Ex-Asia ocean rates ease slightly to start the month

Ioanna Kontos - September 4, 2024 0

For shipments to North Europe and the Mediterranean the arrival window for this year’s peak season goods – taking into account longer transit times...

Industry Opinions

Container ship contracting spree now exceeds 10 million TEUs

Ioanna Kontos - August 28, 2024 0

"When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the...

Industry Opinions

Canada rail strike averted, but ILA action looms

Container News Team - August 28, 2024 0

The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday’s...

Industry Opinions

project44 data: Europe Ocean Peak Season Trends 2024

Container News Team - August 21, 2024 0

The ocean peak season marks a crucial annual event for companies preparing to import freight ahead of the holiday shopping period. Traditionally spanning from August...

Industry Opinions

TT warns container seals are being ignored to the detriment of cargo security

Container News Team - August 13, 2024 0

Though not a robust deterrent to determined thieves the humble seal plays a central role in identifying location, method and often perpetrators of cargo...

Industry Opinions

Essential Measures for Minimizing Disruption Amid Ningbo Port Closure: Container xChange

Container News Team - August 13, 2024 0

Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the...

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Industry Opinions

Transpacific container rates starting to spike on demand surge

Freightos: Transpacific ocean volumes surge during tariff pause

China-US de-escalation may spur early peak season: Freightos Analysis

Freightos Update: Blanks keep rates level; no de minimis air rate collapse yet; US-Houthi truce first step to Red Sea return?

Brazilian grain shipments up 9% as China seeks US alternative

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