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.
The downward trend in ocean freight volumes that began in 2022 continued last year, with many major ports reporting declines in throughput of containerized cargo. Transport Topics’ updated Top 25 list ...
Maritime industry analysts for the London-based Transport Intelligence (Ti) note that ocean cargo carriers may finally be seeing some brighter days ahead. Two leading container shipping lines reported ...
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 ...
Aramex strengthens leadership, freight markets brace for volatility, major metro and port projects advance across the region ...
Amid a year of high inflationary pressures, a softening U.S. economy and prolonged labor negotiations for West Coast dockworkers, the growth in ocean freight volumes at North American ports seen two ...
The Dow Jones Transportation Average has performed well despite headwinds in the shipping sector from lower global trade to Panama Canal and Red Sea disruptions. Ocean carriers may be poised to put ...
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising ocean and ...
Not a subscriber? Apply online today. As firms deploy their inventories across multiple continents to serve growing markets, the costs of transportation and the direct impact of transportation modal ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
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Soft demand sends ocean freight rates lower ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
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