ocean freight costs

SONAR’s global ocean data foretells upcoming U.S. freight movements (with video)

It was only a few weeks ago that FreightWaves founder and CEO Craig Fuller introduced several new SONAR features as part of the SONAR 7.0 release. One new feature was the “Ocean Shipments Report, which shows U.S. import and export shipment volumes for ocean containers seven days into the future,” Fuller stated on July 21. 

FreightWaves SONARFreightWaves CEO Craig Fuller introduced enhancements to SONAR, including Lane Scorecard, Ocean Shipments Report and Reefer Rates (beta), during the 3PL Summit.

On September...

https://www.freightwaves.com/news/sonars-global-ocean-data-foretells-upcoming-us-freight-movements-with-video

Airfreight rates expected to shoot up by September

A white and red Austrian Airlines plane, viewed from the side on a sunny day. The reduced number of passenger planes in the skies has reduced space for carrying cargo.

Stability in the airfreight market may be short-lived, with outbound China rates rising this month and big high-tech product launches poised to soak up cargo aircraft in several weeks. That could pinch some shippers that currently view air transport as a refuge from unreliable and expensive ocean shipping, freight transportation specialists say.

The price of shipping by air has dropped about 70% since the spring, when capacity shortages were rampant because of surging medical-supply orders, but...

https://s29755.pcdn.co/news/airfreight-rates-expected-to-shoot-up-by-september

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