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freight rates

Air Cargo Demand Slid Nearly 5% in Iran War’s First Month

IATA data showed Gulf carriers were hit hardest with a 54 percent demand drop, as jet fuel spikes and…

‘Things Are Structurally Different’: J.B. Hunt Says the Trucking Market Has Turned

With capacity exiting the industry at the fastest rate since 2022 and pricing set to exceed inflation, the…

Hormuz ‘Completely Open,’ but Clarity Eludes Container Shipping Market

Conflicting signals from the U.S. and Iran and ongoing risk concerns keep carriers like Maersk and…

‘Do Not Hesitate’: Shippers Urged to Lock in Lower Contract Rates Despite Hormuz Disruptions

With contract season coming to a close, overcapacity is keeping pricing negotiable for importers and…

‘New Normal’ Fuel Costs Unlock Pricing Power Across Parcel and Trucking

TD Cowen/AFS Logistics indices show parcel firms "have no reason to stop" fuel surcharges and reinforce signs…

US Import Volumes Hold Steady Despite Iran War, but Cost Pressures Concern Retailers

Since the start of the war, ocean freight rates have surged more than 30 percent on Shanghai-to-U.S. trade…

Vietnam Freight Costs Spike 30% on Iran War; Trump Says US Should Charge Hormuz Tolls

"We're paying closer to $4,500 to $5,200 and our freight forwarder is already saying that it's likely to…

CMA CGM Vessel Navigates Hormuz as Crisis Remains ‘Localized’

A Drewry analyst says shippers "should not panic" regarding freight rate increases, which are most prominent…

As Air Cargo Rates Climb Further, Vietnamese Carriers Feel the Strain

Air cargo capacity has dropped 6 percent from last year, with Vietnam's airlines set to cut flights in Q2 due…

Air Cargo Rates Jump 10% as Iran War Strains Capacity, Fuel Costs

Jet fuel prices have nearly doubled from pre-war totals, prompting United Airlines to trim roughly 5 percent…

Hormuz Disruptions Lift India-Bound Freight Rates

According to Xeneta, average spot rates for goods shipped from China to India's Nhava Sheva Port have…

Container Freight Rate Slide Hits CMA CGM, ZIM Earnings

Global container shipping capacity continues to outpace demand, pushing spot rates lower and clouding…

Container Ships Stuck in Persian Gulf as Hormuz Conflict Paralyzes Traffic

More than 120 vessels remain inside the Gulf while carriers divert containers to Singapore, Colombo and other…

Falling Freight Rates Undercut Hapag-Lloyd Earnings, Overshadow Volume Gains

Despite stronger volumes than the broader container market, profit fell sharply as freight pricing…

Maersk Slashes 1,000 Staff as Slumping Freight Rates Sink Earnings

Cuts of $180 million will target 17 percent of corporate roles as the carrier braces for supply overcapacity…