Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...

Managing the price risk in container freight has become paramount as cargo owners look to hedge the cost of freight which can account for up to 20% of cargo value New freight futures contracts could ...

Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...

Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...

Although spot freight rates continue to tumble as more global ocean freight capacity enters the market, congestion in the largest ports in Asia and Northern Europe still endures. The Port of Singapore ...

The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...

Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...

Central Warehousing Corporation Ltd. (CWC) and Mangalore Refinery and Petrochemicals Ltd. (MRPL), on Thursday, January 22, took a significant step towards expanding their freight portfolio and strengt ...