Freight Rates

See-Saw effect in ocean freight rates affecting supply and demand equilibrium

Spot container freight rates for shipments from China to Los Angeles and New York showed a significant decline of 87% and 81% respectively on...

Decline in spot freight rates accelerates as carriers struggle to contain the drop

The SHIFEX index, which monitors container ocean spot freight rates, showed that freight rates for 40’ containers moving from China to the port of...

Haulage to inland destinations to attract Inland Fuel Adjustment Factor – Maersk

If you are a new customer about to sign a service contract with Maersk or an existing contract customer whose rate contract is up...

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Unpacking the FMC’s Final Rule on detention and demurrage billing practices

The Federal Maritime Commission's (FMC) Final Rule on Detention...

What is a Switch Bill of Lading and when and why is it used..??

The world of shipping and freight is very dynamic...

First-ever eATA Carnet tested between the US and the UK

Recently, the ICC announced the usage of the world’s first...

What is a High Seas Sale..??

A High Seas Sale (HSS) is a process that...

UNCTAD’s assessment of maritime and trade disruptions – Navigating Troubled Waters

Further to their alarm over global trade disruptions, The...