When it comes to the price of transporting goods from one place to another, ocean container rates are a bit different from rates in other modes of transport in the way they are negotiated and governed ...
In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...
As the global trade recession began to materialize in 2022, there was a great deal of hype over the potential boost to ocean container demand once the Chinese government ended its COVID restrictions ...
In a stark reversal of fortune, the bustling Port of Los Angeles, long a reliable source of freight for truckers across the nation, is facing a significant downturn in container volumes. This decline ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
Rising trans-Pacific ocean freight rates are expected to climb further as demand picks up in anticipation of the Lunar New ...
Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...
Solution from Nexxiot is one of the container tracking solutions Happag-Lloyd will use to improve visibility for their customers. There have been massive supply chain disruptions since the pandemic ...
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...