Drewry
Freight Rates Surge 61% as Next CEO Warns of 2.5 Week Delays Stemming from Red Sea Trouble
Rerouting in the region could lift freight rates through the Chinese New Year, according to experts.
‘Shippers are Clearly Not Happy’ with Freight Rates, Expert Says
Ocean freight frees are projected to fall into the year ahead, meaning shippers can wait to lock in better…
‘It’s a Shipper’s Market This Peak Season’, Expert Says
"Prices are low and this offers a great opportunity for exporters this peak season," said Christian Roeloffs…
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‘No Sign of Revival’ for Slumping Container Prices
Although spot rates inched up 0.9 percent to $1,488.13 in the second week of July, Drewry doesn't expect…
Nike Looks to Capitalize on Freight Rate ‘Buyers Market’
The Swoosh expects to see a turnaround in gross margins as ocean freight rates turn in shippers' favor.
Freight Forwarders Aren’t Sure When Demand Will Return
Only 18 percent expect demand to resurface within one-to-three months—just as peak shipping season arrives…
Data Suggests America’s Imports Are Falling While Container Rates Perk Up
Drewry says freight rates out of Shanghai to both Los Angeles and New York are up, but it's a different story…
What Germany Recession Means for European Container Demand
Container spot rates from Shanghai to Rotterdam and Genoa have fallen the most among major trade lanes over…
Maersk CEO Figuring Out ‘Radically Changed Business Environment’
Collapsing freight rates and declining demand cut the ocean carrier's Q1 revenues.
Global Port Activity Slumps to 3-Year Low
Drewry says January's port throughput slid 4.5 percent from a year ago, for the lowest monthly container…
These Logistics Techies Are Getting Investor Attention
Supply chain tech firms BlueCargo and Slync raised a combined $35 million amid growing demand for cargo…
6 Million Extra Containers Are Flooding the Global Supply Chain
The oversupply will lead shippers to demand more depot space, which is already scarce, according to Container…
Drewry: ‘Beginning of the End’ for Container Market Bull Run
Drewry's research shows that 48 percent of respondents believe North American port congestion won't clear…
Ocean Freight Rates: Inflation, Consumer Spending Move Maritime Market
Data from Drewry, Shifl and Xeneta paints a picture of what's going on with long-term and spot rates for…
Cargo Congestion Infecting East Coast Ports, Drewry Warns
Ocean freight rates skyrocketed 110 percent in a turbulent 2021. Here's what Drewry expects to see with fees…