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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...

More rate increases expected soon, though signs congestion is easing

Ex-Asia ocean rates were stable last week, but prices already at highs for the year are expected to climb further as we enter the...

Rates still climbing, but could early peak season start mean early end too?

Ocean rates out of Asia were stable last week but have already started climbing on mid-month Peak Season Surcharge increases this week as demand...

Ocean rates leveling off, but remain elevated on Red Sea impacts

Overall, the ocean container market has settled into a new routine that avoids the Red Sea due to Houthi attacks which continued this week. Though...

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...

Red Sea developments fail to overcome seasonal lull as rates correct

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

Strikes in Canada continue, alongside some peak season optimism: Freightos analysis

After four days without meetings, ILWU Canada talks with the BCMEA resumed Saturday (8 July) as the port worker strike entered its second week,...

Freightos lists on Nasdaq

After the closing of its business combination with a special purpose acquisition company, Gesher I Acquisition Corp., the Hong Kong-based global freight booking and...
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The Indian Ocean Rivalry

The Indian Ocean has emerged as a strategic theater of competition between two Asian giants: India and China. India’s recent developments indicate a rapid expansion...

Statkraft advances plans for green hydrogen scheme at Hunterston

Europe’s largest generator of renewable energy has proposed the development of a green hydrogen facility at Hunterston, the former coal terminal in Ayrshire. Clydeport –...

Port of Bilbao wraps up busiest month for cruise traffic

May has marked a record month for cruise activity at the Port of Bilbao’s terminal in Getxo, with 18 cruise ship calls bringing over...

Tripoli port shutdown sparks maritime crisis in Libya

Libya’s shipping sector is teetering on the edge of collapse as fresh waves of political violence erupt in Tripoli, crippling key port operations and...
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