Tags Freightos

Tag: Freightos

Industry Opinions

Pre-Lunar New Year Demand Pushing Transpacific Rates Up

Ioanna Kontos - January 8, 2025 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...

Industry Opinions

Frontloading continues to put pressure on Transpacific rates

Ioanna Kontos - December 24, 2024 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...

Industry Opinions

Asia – Europe rates climbing on December GRIs

Ioanna Kontos - December 4, 2024 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...

Industry Opinions

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

Ioanna Kontos - November 20, 2024 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...

Industry Opinions

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

Ioanna Kontos - October 30, 2024 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...

Industry Opinions

Freightos reports lower East Coast congestion as strike backlogs are cleared

Container News Team - October 16, 2024 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...

Industry Opinions

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

Container News Team - October 7, 2024 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...

Industry Opinions

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

Ioanna Kontos - September 18, 2024 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...

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...

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