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Soft demand sends ocean freight rates lower ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Air cargo in and out of China is seeing a brief spike in rates amid tit-for-tat tariff drama as more U.S. businesses scampered to get product out of the country. During the week from March 31 to April ...
Global demand outlook: Slower growth, stronger foundations According to IATA, global air cargo demand is expected to grow by ...
The TD Cowen/AFS Logistics index shows sharp rises in parcel delivery rates, spurred by strategic use of surcharges.
The overall economy is performing better than many people think, but overcapacity in the trucking industry is still keeping freight rates from rising. Among the key takeaways from FTR’s State of ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
HONOLULU (HawaiiNewsNow) - Amid recent price hikes, container and vehicle shipping between the islands may soon cost more, but shipping company Young Brothers says rate increases are overdue. After ...
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 ...
In for-hire trucking, shippers pay carriers to move freight. This payment is generally a per-mile rate with a fuel surcharge. Freight rates are the primary source of income in for-hire trucking and a ...
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