SHIPPING
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Backhaul spot rates have fallen further, now below rates in January 2020
November 17, 2022 - The collapse in spot rates on front haul trades has caught the headlines, but shippers on certain backhaul trades have...
dimitry-anikin-xJABP4hi5i0-unsplash Flexport: Ocean rates continue to tumble, demand remained weak
November 17, 2022 - Transpacific Eastbound (TPEB) demand and rates continue their downward trend for November, according to the latest...
DHL: Incoming capacity poses fresh challenges for ocean freight
November 17, 2022 - After posting record profits for the last two years, container lines are now facing a new challenge with more ships due...
Freightos: West Coast labor disruptions continue to push shippers East
November 16, 2022 - Importers continue to favour East coast and Gulf ports according to a recent analysis by Freightos, as noting the...
Maersk inks deal to accelerate green marine fuels production
November 16, 2022 - A.P. Moller - Maersk (Maersk) has entered a green methanol partnership with U.S.-based project developer Carbon Sink...
ZIM says near-term outlook for shipping "has shifted" and rates normalisation has begun
November 16, 2022 ZIM Integrated Shipping Services Ltd. (ZIM) pulled back on its earlier announced profit guidance for the year noting...
Port of LA saw continued cargo decline in October
November 16, 2022 Cargo volume at the Port of Los Angeles dropped in October as the Port handled 678,429 Twenty-Foot Equivalent Units...
Sea-Intel: Rapid ramp-up in Transpacific blank sailings
November 16, 2022 The number of blank sailings has been ramped up drastically on the Transpacific, but not so much on Asia-Europe,...
South Carolina Ports reports record number of containers in October
November 15, 2022 South Carolina Ports handled a record number of containers in October, marking its third busiest month in port history....
Port of Hamburg expects market to remain volatile through end-2022
November 15, 2022 Port of Hamburg expects the market to "remain volatile" for the rest of the year as challenges con...
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