freight rates
Air Cargo Out of Bangladesh Sees Highest Rate Spikes Worldwide
Air cargo spot rates accelerated at a 163 percent higher annual pace as of Aug. 25, outpacing all global air…
Abercrombie CFO: ‘No One Really Can Predict’ Where Freight Rates Will Go
Although freight rates are expected to be a headwind for Q3 and Q4, lower cotton prices and have benefited…
Air Cargo Demand Soars in July
The Red Sea crisis and the flood of products from Temu and Shein continue to make air freight more…
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‘Something is Boiling’: East Coast Cargo Rates Set to Soar
Xeneta's Peter Sand says Asia-to-East Coast container rates are now nearly $3,000 higher than those headed…
Amid Red Sea Drama, Europe Imports More Chinese Cargo Via Rail
China-to-Europe rail freight volumes have jumped 11 percent year over year to 1.23 million TEUs moved in H1…
Red Sea Disruption Pushing Maersk Further Into Black
The ocean carrier also revised its projections upward for global container market volume growth, to a range…
Carter’s To Benefit From Lower Freight and Cotton Costs
Carter's CEO Michael Casey said cotton futures are trending lower than current prices and that in-bound…
CMA CGM Says Freight Rates ‘Seem to be Reaching a Plateau’
Major container price indices have indicated a slowdown in recent weeks, compared to their high acceleration…
Red Sea Diversions Have Cost the Suez Canal $2 Billion
Osama Rabie, the head of the Suez Canal Authority, said revenues fell 23 percent to $7.2 billion in the…
Black Friday In July Expected To See Surge in Sales
An earlier start to back-to-school and holiday has consumers hunting for deals during Amazon Prime Day.
Hapag-Lloyd Raises Profit Outlook Again Amid Ascending Freight Rates
The ongoing Houthi attacks on container ships in the Red Sea keep pushing cargo prices upward, but…
Maersk CEO: Red Sea-Driven Capacity Challenges Will Persist into Q3
Vincent Clerc said Maersk will use different-sized ships compared to ones used in normal conditions, reducing…
Are Asia-to-Europe Container Prices Headed to $20,000?
According to a Sea-Intelligence CEO Alan Murphy, longer sailing distances around Africa may signal returns to…
Maersk Raises Profit Guidance Again as Red Sea Tensions Weigh on Ports and Rates
Drewry's Philip Damas says the new outlook is a prime indicator Maersk expects the current disruptions to…
Container Shipping’s Red Sea Rebound Reels in $5.4 Billion in Q1 Profits
Container shipping saw a major turnaround in Q1, with the industry swinging from what was nearly a $700…