Tags Freightos

Tag: Freightos

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...

Industry Opinions

Canada rail strike averted, but ILA action looms

Container News Team - August 28, 2024 0

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...

Industry Opinions

Ocean rates dip on capacity increase and early peak

Ioanna Kontos - July 23, 2024 0

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

Industry Opinions

Freightos Weekly Update: Rates keep climbing on early month increases

Ioanna Kontos - July 10, 2024 0

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...

Industry Opinions

More rate increases expected soon, though signs congestion is easing

Container News Team - July 3, 2024 0

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...

Industry Opinions

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

Ioanna Kontos - June 19, 2024 0

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...

Industry Opinions

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

Ioanna Kontos - May 7, 2024 0

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...

Industry Opinions

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

Container News Team - March 12, 2024 0

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...

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Tag: Freightos

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