Monday, July 14, 2025
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Tag: Freightos

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

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...

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

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...

Freightos reports lower East Coast congestion as strike backlogs are cleared

Hurricane Milton battered the west coast of Florida last week. Power disruptions kept the Port of Tampa Bay closed until Monday, while ports in...

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

The ILA port worker strike ended on 3 October, after the union accepted a 62% wage increase over the next six years, and agreed...

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

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

Container market braces for ILA strike on US East Coast

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

Ex-Asia ocean rates ease slightly to start the month

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

Canada rail strike averted, but ILA action looms

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...

Ocean rates dip on capacity increase and early peak

The massive IT outage caused by the CrowdStrike update led to thousands of delayed or cancelled flights worldwide over the weekend as airport and...

Freightos Weekly Update: Rates keep climbing on early month increases

Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to...
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Fincantieri Marine Group appoints new CEO

Fincantieri Marine Group (FMG), the U.S. subsidiary of global shipbuilding leader Fincantieri, has named George A. Moutafis as its new Chief Executive Officer. The appointment...

Ningbo-Zhoushan surpasses Piraeus as Asia’s Ports reshape the maritime chessboard

In a world where cargo flow is increasingly defined by geopolitical shifts and digital prowess, China's Ningbo-Zhoushan port has officially overtaken Greece’s Piraeus in...

CStar Line to Launch China–Red Sea Service

CStar Line is set to introduce a new service connecting China to the Red Sea, expanding its regional network with the launch of the...

HMM not at fault for containers lost from ONE Apus

The US courts have cleared HMM of any liability in relation to the loss of 1,800 containers from the ship ONE Apus in stormy...
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