Friday, March 31, 2023

Market Insights

Spot container freight rates for shipments from China to Los Angeles and New York showed a significant decline of 87% and 81% respectively on a year-over-year basis between March 2022 and 2023. These reductions have pushed container...
A rise in expat population settling in almost all parts of the world is seen as a growing segment driving global C2C (Customer to Customer) trade providing opportunities for community-based service providers as per Ti insights,...

A new low in US container freight rates set to ease inflation

Spot freight rates drop to lowest levels since April 2021 China/US West Coast rates down 72% Y-O-Y China/US East Coast rates down 54%...

Peak season brings fears of congestion on the East Coast

Ports across the US East Coast are now in the eye of the storm, with import containerized volumes processed in the region mounting higher...

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