Container freight rates are continuing their upward trajectory, with Q3 2024 poised to be one of the most profitable quarters in history. Recent rate increases in July are taking hold, contributing to ...

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 ...

Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...

Goldman Sachs' supply chain congestion index nears "Congest" level for the first time in 1.5 years due to rising container ship backlogs and soaring ocean shipping rates. Apollo Management warns of ...

As Lunar New Year approaches, ocean freight rates continue to fall as carriers seek to fill up empty space on their cargo vessels ahead of the two-week holiday. According to a report from container ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Stream Los Angeles News for free, 24/7, wherever you are.

LOS ANGELES, June 5 (Reuters) - Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning ...

Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world's ...

33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...