The U.S.-based ocean carrier benefited from elevated freight costs and reduced air cargo capacity in select markets, CEO ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Recent years have been rough for ocean freight forecasting. This year is no exception. Just a few months into 2025, and the market is already shaping up to be one of the most unpredictable, and ...
Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...
New data shows that freight rates for ocean carriers have risen significantly since the start of May. According to Freightos, ex-Asia rates have increased by around $1,000 per 40-foot-equivalent units ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. When it comes to contract negotiations, some ...
The second half of October has delivered a strong rebound in ocean freight rates as more carriers are successfully blanking sailings and implementing general rate increases (GRIs). According to data ...
SEOUL, Jan 30 (Reuters) - Global air freight rates have climbed for the first time in seven weeks ahead of Asia's lunar new year and as attacks on Red Sea shipping prompt companies to secure costlier ...
Supply chain professionals in the ocean freight industry are constantly seeking ways to reduce costs and increase efficiency, and technology can be a powerful ally in achieving these goals. With the ...
Ocean carriers like MSC, CMA CGM and Hapag-Lloyd faced warnings from China on freight rate transparency as container prices ...