Asia-US container rates uptick can’t obscure recent plunge
A recent uptick in eastbound container rates couldn’t offset trans-Pacific prices that are 20%-30% lower than a month ago.The post ...
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Tag: Rates
Freightos Weekly Update: Red Sea rebound false start?
Last week, statements by the Suez Canal Authority indicated that Maersk’s return to the Red Sea was imminent. Maersk quickly ...
Read moreDetailsWCI decreases 2% in week 48
The Drewry World Container Index (WCI) decreased by 2% from the previous week to $1,806 per FEU in Week 48, ...
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Freightos Weekly Update: Transpac ocean rates fizzle
Despite higher tariffs since early this year, US retail sales have proved resilient and are expected to grow through the ...
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WCI holds steady as TP and Asia-Europe rates offset each other
The Drewry World Container Index (WCI) remained stable in Week 47 at $1,852 per FEU, as Japan International Freight Forwarders ...
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SCFI drops 2.9% in Week 46
The Shanghai Containerized Freight Index (SCFI) fell 2.9% in Week 46 to 1,451.38 points, according to Japan International Freight Forwarders ...
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Ocean rates tested by capacity conundrum
Container lines are using rate hikes and blank sailings to manage capacity surplus and faltering demand.The post Ocean rates tested ...
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Freightos Weekly Update: Ocean rates climb on GRIs despite demand slump
The US Supreme Court heard arguments last week in the appeal of lower court decisions that invalidated President Trump’s use ...
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Container rates rise again in Week 44
Global container spot rates climbed for a third week. The Drewry World Container Index rose 4% to $1,822 per FEU ...
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Ocean rates higher by double-digits as U.S. makes Asia trade progress
Trans-Pacific container rates improved 15% to 20% last week as U.S. negotiators made progress on Asia trade deals.The post Ocean ...
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