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Drewry

Ocean Freight Rates Ease but Fog of War Darkens Outlook

The impact of China's Covid lockdowns on key markets will likely lead to equipment scarcity, rate hikes and a…

Container xChange, Drewry Partner to Leverage Cargo Container Data, Analysis

The companies said the partnership will bring greater access to improved research, consultancy and…

Federal Maritime Commission Eyes New Late Fee Rules

The federal agency is looking for public feedback on a possible rule that aims to stem the tide of complaints…

From Cotton to Containers, Supply Chain Prices Stay Inflated

U.S. spot cotton prices averaged $1.11 per pound for the week ended Jan. 6, up from $1.09 the prior week and…

‘No Quick Fix’ for Freight Rates, Project44 Warns

The supply-chain visibility specialist sees a potentially 'multi-year' freight problem and 'many more empty…

$25,000 Container Rates Are Supply Chain’s ‘New Normal’: ‘Contracts Are Not Being Honored’

Elevated supply constraints impacting the global ocean freight system are driving bottlenecks that "probably…

Why Ocean Freight Rates and Activity Are at Historic Highs Right Now

Volatility persists in the container shipping market, with carrier freight rates and profitability pointing…

Ocean Freight Rates Caught in Coronavirus Slump

The WCI decreased 3.5 percent for the week ended March 5 and reached $1,485.59 per 40-foot container or…

Fluctuating Ocean Freight Rates Reflect Choppy Seas in Commercial Transport

Container freight rates are experiencing fluctuations over unstable economic conditions and added costs in…

Ocean Freight Rates Wobble as Geopolitical Conflicts Impact Trade Routes

The World Container Index was down 1.5 percent to $1,290.80 per FEU for the week ended May 30, but is seen…

Ocean Freight Rates Seen Rising in 2019 as Carriers Pass Along Fuel Costs

Shippers can expect to pay higher ocean freight rates this year, as carriers pass along increased fuel costs…

Container Freight Rates Fall as Asian Routes Suffer, But Higher Costs Ahead

Container freight rates on eight major routes to and from the U.S., Europe and Asia fell this week, ahead of…

Ocean Freight Rates Remain at High Levels, Hitting Carrier Profits

Amid the peak season for ocean freight, container freight rates are down slightly this week, though higher…

Ocean Cargo Freight Rates Down as Volume Hits a Trough

Lower volume, partially explained by factories shutdowns in China and other parts of Asia but also indicative…

Ocean Freight Rates Hit Trough But Fuel Prices Could Stir Waters

There are converging dynamics in ocean freight that seem to mostly be working in the favor of shippers, but…