Falling shipping demand has led to excess capacity that is driving ocean…
September 24, 2022
3 minute read
‘Sanity returning’ as box spot rates below US$5k
Drewry says container spot prices fell this past week below US$5,000 for…
September 17, 2022
3 minute read
Long-term container rates track spot market dip
Shipping executives and industry watchers say contract prices for 40-TEU containers are…
September 5, 2022
3 minute read
Sliding world container rates now 42% off peak
Rates of 40-ft containers have declined for the 26th consecutive week, dropping…
August 26, 2022
2 minute read
Maersk beats Q2 targets, ups 2022 guidance
Maersk surpasses second-quarter 2022 forecasts with revenue rising to US$21.7 billion as…
August 2, 2022
3 minute read
Shippers artificially inflate freight rates through voluntary increases
A carrier revealed that if it offered US$10,000 per container to the…
September 6, 2021
2 minute read
Freight rates dip on East-West trade lanes
The World Container Index assessed by Drewry, a composite of container freight…
April 17, 2017
1 minute read
Freight rates from North Europe to Asia hit record high
Spot container freight rates from North Europe to China increased by 45%…
March 13, 2017
1 minute read
Box freight rates soar to highest level in nearly 2 years
Spot container freight rates on the major East-West routes reached a 20-month…
January 9, 2017
2 minute read
Asia-Europe carriers push through with November rate hikes
The large price hikes earlier announced by Asia-Europe container shipping lines for…
November 2, 2012
1 minute read
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