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

US tariffs on China – introduced and then quickly raised to 145% in early April – are already causing pain to the US logistics...

Freightos Update: China volumes fall as demand climbs from South East Asia

With a minimum 145% tariff on all goods from China, many US importers are canceling orders and pausing shipments in hopes that direct negotiations...

More tariff turmoil, though ocean rates continue to ease: Freightos

Tariff fears – as well the already significant uncertainty and confusion surrounding the White House's trade policy – grew this week with the 2nd...

Canada/Mexico tariff see-saw the latest to add uncertainty for supply chains: Freightos

Early last week, President Trump rolled out 25% tariffs on all US imports from Mexico and Canada only to issue a one-month reprieve for...

Tariff rollouts and prevailing uncertainty challenging logistics

President Trump – after a one month postponement – introduced 25% tariffs on all Mexican and Canadian imports to the US and added another...

Proposed US port call fees for Chinese vessels latest to roil container market: Freightos Analysis

More proposed US policy changes unveiled last week are once again roiling international trade in general and ocean freight in particular. These steps included...

Ocean enters LNY-slump, but tariffs on the horizon

Lunar New Year (LNY) begins today (29 January), and as manufacturing and logistics have slowed down in the past week or so, ex-China ocean...

Freightos Weekly Market Analysis: Impact of USEC Deal on the Industry

Shippers who rely on US East Coast and Gulf ports were able to breathe a sigh of relief last Wednesday night when the ILA...

Pre-Lunar New Year Demand Pushing Transpacific Rates Up

The January 15th expiration of the interim ILA - USMX agreement set at the conclusion of the three-day October strike is rapidly approaching. Talks resumed...

Frontloading continues to put pressure on Transpacific rates

Transpacific ocean rates increased slightly last week and are about 15% higher than at the start of December on successful mid-month General Rate Increases...
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Pause in China-US trade war complicates shipper options

An agreement between Chinese and US negotiators to reduce tariffs by 115% and hold fire in their trade dispute for 90 days has further...

Record cocaine haul in Busan port

More than 700 kilos of cocaine were seized on 10 May by Korea Customs from a container on a ship operated by Hapag-Lloyd, making...

Port of Bilbao welcomes Onego Deusto on its first voyage with eSAIL wind-assisted technology

The Port of Bilbao has welcomed Onego Deusto, operated by Onego Shipping & Chartering, as its first port of call after departing Rotterdam equipped...

CEVA Logistics announces first low-carbon LCL service between France and Ivory Coast

CEVA Logistics has announced the launch of a low-carbon ocean freight service, which will leverage marine biofuel, between France and Ivory Coast. The CMA CGM's...
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