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Dimerco: Tighter capacity and higher rates fuelled by tariffs

The first indications that a surge in freight may occur came from Drewry’s today when the consultant’s WCI composite index showed global, week-on-week, rates...

US tariffs to give market short-term boost

Shippers and carriers will have awoken to a new reality today as the result of the US election became apparent it was clear that...

Capacity imbalance sees boxshipping tilt to buyers’ market

Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today...

Vessel orders cause market paradox of falling demand and rates

Market analytics platform Xeneta has analysed the apparent contradiction in container shipping which has seen rising demand met with falling freight rates.     This situation is...

Xenta unveils new Market Rate Outlook product at Amsterdam Summit

Xeneta, an ocean and air freight rate benchmarking and market analytics platform, has introduced its new Market Rate Outlook product, which operates under a...

USEC port strike ends, but supply chains will take weeks to recover

Strike action at ports on the US East and Gulf Coast ended, after a new wage agreement was reached – but a backlog of...

Divergence in reefer markets in wake of Gaza War

Reefer cargo to Middle Eastern destinations has seen a “negative spiral”, as a direct result of the Cape of Good Hope diversions with carriers...

USEC port strikes to cause major supply disruption into 2025 – Government intervention needed

Ripple effects of strike action at ports on the US East and Gulf coasts will cause severe supply chain disruption into 2025, with analysts...

Atlantic capacity cuts and volumes push up rates

Uncertainty is affecting the Atlantic trade as the election rhetoric ramps up, and we approach the deadline for employers and US East Coast dockers...

US Presidential Debate: Trump’s tariffs to cause rate spike – with consumers picking up the cost

Donald Trump’s proposed import tariffs would see the cost of shipping goods by ocean increase in a repeat of the market spike seen during...
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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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