Reefer Containers

SONAR Sightings: Illinois reefer volumes spike; Houston port sees record numbers; China imports continue to slide

The highlights from Monday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market Watch for Sept. 19:Joliet, Illinois

Reefer volumes out of Joliet, Illinois, reached a six-month high after bouncing back from a Labor Day plunge.

The Reefer Outbound Tender Volume Index is up just over 2 points,...

https://www.freightwaves.com/news/sonar-sightings-illinois-reefer-volumes-spike-houston-port-sees-record-numbers-china-imports-continue-to-slide

SONAR Sightings: Memphis, Tennessee, reefer volume heats up, Milwaukee hits 2-year low

The highlights from Monday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watch for Sept. 12Memphis, Tennessee

Today we will specifically be looking into the trends within the reefer markets across the nation.

Next week is supposed to be a hot one for Memphis with rising temperatures,...

https://www.freightwaves.com/news/sonar-sightings-memphis-tennessee-reefer-volume-heats-up-milwaukee-hits-2-year-low

US blocks merger of global container suppliers over market concentration

A stack of Maersk ocean shipping containers a port.

China International Marine Containers Group Ltd., the largest manufacturer of steel containers used for ocean shipping, has abandoned its intended acquisition of shipping giant Maersk’s refrigerated container manufacturing business after objections from U.S. competition authorities, the Department of Justice said Thursday. 

A.P. Moller-Maersk agreed in September 2021 to sell Maersk Container Industry A/S and its Qingdao, China, factory to CIMC for $987 million. The divestment is part of Maersk’s...

https://www.freightwaves.com/news/us-blocks-merger-of-global-container-suppliers-over-market-concentration

SONAR Sightings for Aug. 23: Reefer volumes fall in Northern California

The highlights from Tuesday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watchStockton, California

Reefer volumes out of Northern California are down this month. Stockton is a major distribution center during the produce harvest season, so these signs of decline point to certain...

https://www.freightwaves.com/news/sonar-sightings-for-aug-23-reefer-volumes-fall-in-northern-california

SONAR Sightings for August 1: Produce season keeps San Francisco’s outbound reefer tenders elevated

The highlights from Monday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watchSan Fransisco

San Francisco is experiencing the highest level of outbound volume activity since February.

Dry van outbound tender volumes have increased 46% in the past month. Northern California is also one...

https://www.freightwaves.com/news/sonar-sightings-for-august-1-produce-season-keeps-san-franciscos-outbound-reefer-tenders-elevated

SONAR Sightings for July 18: Reefer volumes out of ‘Brew City’ remain elevated during summertime

The highlights from Monday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watch

Milwaukee didn’t get the nickname “Brew City” for no reason. Wisconsin is also the dairy capital of the country — and we all likely know at least one “cheesehead.”

But when it comes to the outbound reefer...

https://www.freightwaves.com/news/sonar-sightings-for-july-18-reefer-volumes-out-of-brew-city-remain-elevated-during-summertime

SONAR Sightings for July 7: Reefer volume out of San Francisco rising again in time for peak season

The highlights from Thursday’s SONAR reports are below. For more information on SONAR — the fastest freight-forecasting platform in the industry — or to request a demo, click here. Also, be sure to check out the latest SONAR update, TRAC — the freshest spot rate data in the industry.

Market watch

A significant amount of U.S. produce comes out of California’s Central and Salinas valleys. The areas around San Francisco are home to dozens of food processing plants, and since the beginning of spring...

https://www.freightwaves.com/news/sonar-sightings-for-july-7-reefer-volume-out-of-san-francisco-rising-again-in-time-for-peak-season

Xeneta: Reefer Rates From North Europe to Far East: First signs of easing for long-term rates

Peter Sand

Despite months of softening on the backhaul North Europe to Far East trade, with rates on the spot market closing in on USD 1 000 per FEU for normal-dry containers, spot rates for reefer containers on this trade have been stable since early 2021, averaging USD 5 300 per 40’ reefer on 11 April.

The long-term market, on the other hand, has shown its first signs of easing this year, dropping between Q1 and Q2, though only by USD 200 per reefer, still leaving the average long-term contract...

https://allaboutshipping.co.uk/2022/04/13/xeneta-reefer-rates-from-north-europe-to-far-east-first-signs-of-easing-for-long-term-rates/

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