freight rates
ZIM Warns of Weak Peak Shipping Season as Freight Rates, Volumes Slide
"Maybe the bulk of it is already behind us," said ZIM chief financial officer Xavier Destriau, as poor…
Hapag-Lloyd Warns of Slower Container Demand in H2 2025, Plans $1B in Cost Cuts
The cost-cutting program is largely driven by the carrier's recent phase-in into the Gemini Cooperation…
Trans-Pacific Freight Rate Declines Show No Signs of Letting Up
Spot rates from Asia to U.S. ports have plunged over 50 percent since June peak, with blank sailings and a…
European Port Congestion is ‘Here to Stay’ Through 2025
Vessels are enduring wait times of up to 10 days for a berth in the Port of Rotterdam's World Gateway…
Too Much Space, Too Little Demand: China-US Freight Rates Keep Crashing
Although MSC withdrew one of its trans-Pacific service lines, Linerlytica says 30,000 TEUs per week must be…
Dollar General Claims Yang Ming Owes $14.8M Over Failure to Fulfill Contract
The discount retailer claims the carrier diverted reserved cargo space to higher-paying customers, leading…
China Port Volumes Hit Record Highs on US Tariff Truce
Container throughput jumped nearly 6 percent in a week following eased U.S. trade tensions, but freight rates…
China-to-US Freight Rates ‘No Longer Surging’—Is it All Downhill from Here?
After weeks of escalating trans-Pacific container prices in the wake of a tariff truce between the U.S. and…
LA, Long Beach Ports Brace for Potential Record-Breaking Summer Surge
Importers are rushing to beat July and August tariff deadlines, fueling a projected 18 percent year-over-year…
Trans-Pacific Ocean Freight Rates Continue Their Ascent on More Front-Loading
Abercrombie & Fitch has already baked in higher freight costs for their second quarter, chief financial…
Trans-Pacific Freight Rates Soar as China Cargo Bookings Rebound
The SCFI index shows weekly Shanghai-to-U.S. West Coast spot rates escalating 32 percent after President…
Temporary Tariff Truce to Trigger Import Surge of Chinese Goods
Expect cargo on the trans-Pacific trade lane to kick back up imminently—facilitating an earlier, shorter peak…
India-Pakistan Port Bans Trigger Delays, Rate Hikes and Capacity Crunch
The restrictions make it "nearly impossible" for carriers to make direct vessel calls to Pakistan's Port of…
Vietnam-to-US Exports, Freight Rates Soar on Tariff Drama
Shipments jumped 34 percent year over year to $12 billion in April, while imports from China grew 31 percent…
Tariffs Take Their Toll on Trucking
Volvo Group North America could cut 980 jobs across three U.S. manufacturing plants over the next few months…