Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...

SINGAPORE, Nov 18 (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in ...

Managing the price risk in shipping containers has become paramount as cargo owners look to hedge the cost of freight, which can account for up to 20% of cargo value. New freight futures contracts ...

Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...

33rd Annual Study of Logistics and Transportation Trends: Puzzling path forward Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory ...

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...

Central Warehousing Corporation Ltd. (CWC) and Mangalore Refinery and Petrochemicals Ltd. (MRPL), on Thursday, January 22, ...

Although spot freight rates continue to tumble as more global ocean freight capacity enters the market, congestion in the largest ports in Asia and Northern Europe still endures. The Port of Singapore ...

Dockworkers with the International Longshoremen’s Association went on strike at midnight Tuesday, shutting down container freight operations in New York City ports and along the eastern seaboard and ...