Port congestion and longer container wait times are resulting in higher ocean shipping spot rates on some trade routes, price increases which ultimately flow through to the consumer. FBX Dry Baltic ...

Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...

Online shipping platform Container Xchange also says ocean freight rates rose dramatically on some routes between November 2023 and this February. Persistent Red Sea attacks continue to lead to shifts ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

While this year may be a close copy of 2023 in terms of supply chain execution as it relates to e-commerce moves, forecasting is more precarious. The instability and conflict have no upside,… ...

Much of what we all consume or own today arrived here in a shipping container. These large steel boxes have become the vehicle by which virtually everything that isn’t shipped in bulk like oil, coal ...

The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry ...

In a clear sign that the Trump administration’s tariffs are beginning to impact global trade, ocean container bookings from China to the United States have dropped sharply in recent weeks. Data from ...