Cargo container prices are a long way off from where they were to kick off 2023, with North American shipping containers now more than 20 percent cheaper for importers. But according to the latest ...
The Federal Maritime Commission (FMC) has begun releasing Containerized Freight Statistics (CFS) data, which is submitted by ocean common carriers as mandated by the Ocean Shipping Reform Act of 2022.
Managing the price risk in container freight has become paramount as cargo owners look to hedge the cost of freight which can account for up to 20% of cargo value New freight futures contracts could ...
Shipping companies A.P. Moller-Maersk (OTCPK:AMKBY) (OTCPK:AMKAF) and Hapag-Lloyd (OTCPK:HPGLY) (OTCPK:HLAGF) -6.6% and -7.5%, respectively, in Friday's trading as container freight rates on major ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Large container ship Cosco Shipping Lotus docks at a terminal of Lianyungang port in Lianyungang, East China's Jiangsu Province on April 5, 2023. Photo: VCG Shanghai International Energy Exchange (INE ...
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 ...
Investing.com -- Container shipping stocks are facing downward pressure Friday as freight rates from Shanghai continue to decline. The Shanghai Containerized Freight Index has dropped more than 14% ...
Container freight rates are projected to remain low through FY26 due to global trade uncertainties, exacerbated by US tariffs ...
SINGAPORE (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight ...
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...
[Stay on top of transportation news: Get TTNews in your inbox.] The number of containerships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its ...