Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
https://gcaptain.com/shippings-price-war-spot-rates-slide-as-carriers-battle-for-cargo/
Container spot freight rates on the major east-west liner trades experienced another week of decline, as slack demand continued to depress pricing.
https://gcaptain.com/shippings-price-war-spot-rates-slide-as-carriers-battle-for-cargo/
Blanked sailings and general rate increases (GRIs) have failed to arrest the drop in Asia-North Europe freight rates, with slot utilisation less than 95% amid the post-Chinese New Year slack period.
https://gcaptain.com/ocean-carriers-scramble-as-gris-hit-a-wall/
Despite large parts of the Chinese workforce continuing to enjoy the new year holiday, there was a partial return to work for other parts of the economy, including the country’s freight forwarders.
https://gcaptain.com/spot-rates-sink-post-cny-is-a-price-war-brewing-in-asia-europe-trades/
Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown, despite carriers’ attempts to manage capacity. According to…
https://gcaptain.com/ocean-freight-rates-expected-to-drop-as-middle-east-ceasefire-takes-effect/
Despite the muted trading activity since China’s new year holiday began this week, spot rates on most major east-west ocean trades continued to show slight declines.
https://gcaptain.com/container-spot-rates-slip-as-lunar-new-year-lull-kicks-in/
The downward spiral of container spot freight pricing accelerated this week, as China begins its lunar new year celebrations this weekend to see in the Year of the Snake.
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https://gcaptain.com/us-east-coast-shipping-rates-expected-to-cool-after-ila-usmx-deal/
Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain the special bullet rates have quickly disappeared the time being and the spot is heading up.
https://gcaptain.com/nuance-in-ocean-freight-rates-could-be-another-front-loading-tea-leaf/
Asia-Europe carriers saw their early December general rate increases (GRIs) stick this week, with spot rates into both North Europe and Mediterranean ports seeing double-digit increases.
https://gcaptain.com/spot-rate-rollercoaster-carriers-bank-on-gris-ahead-of-lunar-new-year/