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Asia – Europe rates climbing on December GRIs

Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates...

No real air peak yet; GRIs stick for Asia-Europe ocean: Freightos

Last week, Canada’s Labor Minister ended the separate labor disputes – one on each coast – that had resulted in lockouts at Canada’s major container ports. The...

Ocean rates falling post-peak season, but labor and election results could renew pressure for North America lanes

Asia–Europe ocean rates closed October 30% lower than at the end of September as Red Sea diversions that led to an early peak season...

Freightos reports lower East Coast congestion as strike backlogs are cleared

Hurricane Milton battered the west coast of Florida last week. Power disruptions kept the Port of Tampa Bay closed until Monday, while ports in...

Analysis on three-day ILA strike impact and recovery: Freightos

The ILA port worker strike ended on 3 October, after the union accepted a 62% wage increase over the next six years, and agreed...

Port strike looms, White House working to close de minimis to China

With two weeks left before the deadline and the sides not talking to each other, the prospect of an ILA strike at East Coast...

Container market braces for ILA strike on US East Coast

Ocean spot rates from Asia to North Europe and the Mediterranean decreased further last week. Prices are now more than 20% below their highs...

Ex-Asia ocean rates ease slightly to start the month

For shipments to North Europe and the Mediterranean the arrival window for this year’s peak season goods – taking into account longer transit times...

Canada rail strike averted, but ILA action looms

The Canadian rail lockout of union employees that went into effect on Thursday and threatened to disrupt North American logistics lasted only eighteen hours. Friday’s...

Ocean rates dip on capacity increase and early peak

The massive IT outage caused by the CrowdStrike update led to thousands of delayed or cancelled flights worldwide over the weekend as airport and...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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