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Industry Opinions

Freightos Weekly Update: Rates keep climbing on early month increases

Ioanna Kontos - July 10, 2024 0

Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to...

Industry Opinions

More rate increases expected soon, though signs congestion is easing

Container News Team - July 3, 2024 0

Ex-Asia ocean rates were stable last week, but prices already at highs for the year are expected to climb further as we enter the...

Industry Opinions

Rates still climbing, but could early peak season start mean early end too?

Ioanna Kontos - June 19, 2024 0

Ocean rates out of Asia were stable last week but have already started climbing on mid-month Peak Season Surcharge increases this week as demand...

Industry Opinions

Ocean rates leveling off, but remain elevated on Red Sea impacts

Ioanna Kontos - May 7, 2024 0

Overall, the ocean container market has settled into a new routine that avoids the Red Sea due to Houthi attacks which continued this week. Though...

Industry Opinions

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Container News Team - March 12, 2024 0

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...

Red Sea developments fail to overcome seasonal lull as rates correct

Container News Team - March 12, 2024 0

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

News

Strikes in Canada continue, alongside some peak season optimism: Freightos analysis

Ioanna Kontos - July 12, 2023 0

After four days without meetings, ILWU Canada talks with the BCMEA resumed Saturday (8 July) as the port worker strike entered its second week,...

News

Freightos lists on Nasdaq

Container News Team - January 28, 2023 0

After the closing of its business combination with a special purpose acquisition company, Gesher I Acquisition Corp., the Hong Kong-based global freight booking and...

Lars Jensen: Container market set to be “drastically different” in 2023

Container News Team - January 12, 2023 0

The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container...

Transpacific ocean rates return to 2019 levels

Container News Team - January 3, 2023 0

The pandemic-driven surge in demand for ocean imports catapulted global freight – and rates – to new levels of infamy in 2021 and 2022. According...

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Tag: Freightos

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