Freight Rates

The party is over as container pricing continues to plummet

The ocean freight industry is navigating rough waters as container pricing continues to plummet amid intensifying trade tensions between the United States and China. The...

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...

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