Spot Asia-U.S. West Coast rates increased 5% to $2,757 per forty foot equivalent unit (FEU), according to analyst Freightos (NASDAQ: CRGO ). Prices on the Asia-U.S. East Coast trade increased 7% to $4 ...
Global trade dynamics were marked by heightened protectionism, legal pushback, and strategic realignments this past week. The U.S.-India trade confrontation intensified sharply as the U.S. imposed a ...
LONDON — Spot ocean container rates continue their descent, falling 7% this week to $2,368 per 40-foot container, according to rate tracker Drewry. As has been the case, drops in rates from China to ...
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
LOS ANGELES (Reuters) -Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning the surge ...
Container ship bookings for China-to-U.S. cargo have jumped in recent days since the two countries declared their 90-day tariff truce, Reuters reported Friday, as owners of factories that make ...
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...