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Industry Opinions

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

Container News Team - 0
Shippers who rely on US East Coast and Gulf ports were able to breathe a sigh of relief last Wednesday night when the ILA...
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Industry Opinions

Pre-Lunar New Year Demand Pushing Transpacific Rates Up

Ioanna Kontos - 0
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...
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Industry Opinions

Frontloading continues to put pressure on Transpacific rates

Ioanna Kontos - 0
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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Industry Opinions

Asia – Europe rates climbing on December GRIs

Ioanna Kontos - 0
Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates...
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Industry Opinions

No real air peak yet; GRIs stick for Asia-Europe ocean: Freightos

Ioanna Kontos - 0
Last week, Canada’s Labor Minister ended the separate labor disputes – one on each coast – that had resulted in lockouts at Canada’s major container ports. The...
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Industry Opinions

Ocean rates falling post-peak season, but labor and election results could renew pressure for North America lanes

Ioanna Kontos - 0
Asia–Europe ocean rates closed October 30% lower than at the end of September as Red Sea diversions that led to an early peak season...
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Industry Opinions

Freightos reports lower East Coast congestion as strike backlogs are cleared

Container News Team - 0
Hurricane Milton battered the west coast of Florida last week. Power disruptions kept the Port of Tampa Bay closed until Monday, while ports in...
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Industry Opinions

Analysis on three-day ILA strike impact and recovery: Freightos

Container News Team - 0
The ILA port worker strike ended on 3 October, after the union accepted a 62% wage increase over the next six years, and agreed...
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Industry Opinions

Port strike looms, White House working to close de minimis to China

Ioanna Kontos - 0
With two weeks left before the deadline and the sides not talking to each other, the prospect of an ILA strike at East Coast...
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Industry Opinions

Container market braces for ILA strike on US East Coast

Container News Team - 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...
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DP World multi-currency stablecoin for global trade settlement

News Ioanna Kontos - 0
DP World is partnering with financial institutions and technology providers worldwide to tackle persistent inefficiencies in cross-border payment systems. Businesses in emerging markets such as...
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Japan-US container trade grows in 2024

News Ioanna Kontos - 0
Container movements from Japan to the United States reached a total of 643,433 TEUs in 2024, marking a 5.7% increase compared to the previous...
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Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

CN Premium Articles Alexandros Itimoudis - 0
The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...
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Container Shipping Stocks: Weekly Performance Overview

News Giannis Nikolakis - 0
Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...
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