Ocean container spot rates continued to decline this week but port congestion…
October 21, 2022
3 minute read
Liners blank 1.5M TEU capacity amid rate slide
Ocean liners are reported to be cancelling sailings, with about 1.5 million…
September 30, 2022
3 minute read
Capacity cuts fail to halt spot price drop
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
Freight rate index now 430% higher than last year
The Freightos Baltic Index (FBX) ended August at US$10,321 per FEU, only…
September 6, 2021
2 minute read
No short-term easing of freight rate levels in sight
This huge rate spike comes considering that the FBX level was already…
August 9, 2021
3 minute read
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