Sourcing Journal on MSN
Container freight rate slide hits CMA CGM, ZIM earnings
Global container shipping capacity continues to outpace demand, pushing spot rates lower and clouding carriers' outlook for 2026.
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 ...
Intercontinental Exchange (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that it plans to launch four ...
Port of Los Angeles, the nation's biggest trade hub, has seen a decline in import and export container volume during what is ...
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 ...
Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...
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 ...
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 ...
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