Box lines’ GRI attempt fails thrice
Hopes of a rebound in freight levels continue to wane as mainline operators fail to implement general rate increases (GRIs) for 1 June, marking...
CN analysis: Container freight rates continue to slide on most Indian trades
There seems to be no real let-up in the rate slide seen on most of the trade routes out of India as trade volume...
VCFI finished 2022 down 11.3%
The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the Port of Valencia, ended...
CMA CGM to apply scanning fee in Congo
CMA CGM has announced that it will implement a scanning fee at the Pointe Noire Port in Congo and the final destinations on the...
Stable outlook on Drewry’s WCI as spot rates stuck in a range
It seems that the spot rates would be range-bound for a while! The Drewry’s World Container Index took just a 1% hit for the...
CMA CGM revises congestion surcharge at Turkish ports
Considering the operational circumstances in Iskenderun and Mersin in Turkiye, CMA CGM has announced there will be an update in the Port Congestion Surcharge...
Global Freight Monitor: Container freight rates hit a speed bump
The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four...
CMA CGM announces extra risk coverage surcharge in Sudan
CMA CGM will implement an extra risk coverage surcharge for several sailings at the destination of Sudan, considering the current situation in the country.The...
CN analysis: Container freight rate slide on larger Indian trades slows amid contract negotiations
The slide in container freight rates on some of the trades routes out of India seems to have slowed, according to the latest market...
CMA CGM announces overweight surcharge update from Asia and India East Coast to Nigeria
CMA CGM announced an updated Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria that will take effect on 28 April.The French...
Drewry’s World Container Index snaps losing streak as Transpacific spot prices shoot up
The Drewry's World Container Index (WCI) snapped its losing streak, registering a 3.8% weekly uptick for the index on the back of strong price...
CMA CGM implements new hazardous surcharge from Asia to North Europe
CMA CGM has announced it will apply a new surcharge for the transportation of hazardous cargo from Asia ports to North European destinations.
In particular,...
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Maersk joins India-US GRI push amid continuing demand challenges
Maersk is the latest carrier to attempt a general rate increase (GRI) on containerised trade from India to the United States.From 25 June, the...
GEODIS buys Swiss freight forwarder
France-headquartered transport and logistics company GEODIS has announced the acquisition of the Swiss freight forwarder, ITS - International Transport & Shipping Ltd.ITS was founded...
Looming US economic recession might not kill the peak season: Bloomberg analyst
A transport analyst told the latest episode of The Freight Buyers’ Club podcast that a US economic recession will impact industry verticals in different...
Top 10: The busiest container ports in Europe
There are several important container hubs in Europe, which are key points for the global supply chain industry. The container sector is increasingly developing...
Asia-US container exports continue downward trend
Outbound container trade from 18 Asian economies to the United States decreased by 17.9% year-on-year to 1,543,889 TEUs in April, according to the Japan...
