Shippers Get Boxes Rolled On Strong Spot Ocean Freight Rates

An increasing number of canceled sailings between Asia and the U.S. is tipping rates in the carriers' favor.  The upshot is that ocean carriers are.....»»

A strong increase in cross-border less-than-truckload (LTL) rates, largely from the U.S. to Canada, helped drive up freight costs for Canadian shippers in December, according to Canadian General Freight Index (CGFI) figures released today. read more.....»»

Ocean shipping is awash in bad news, but in at least one segment — product tankers — rates are holding firm despite the coronavirus and other turbulence. Product-tanker spot rates have risen sharply over the past week, continuing a run of strong pe.....»»

After a brief November surge, spot rates for ocean freight appear headed lower again as container volumes disappoint.  0 read more.....»»

With truckload volumes accelerating and spot rates across the country holding steady, freight brokers are wondering how to talk to their customers about contract pricing. read more.....»»

Ocean cargo freight rates and shipping charter rates have generally risen over the past week, albeit not dramatically. The problem for ship owners is that in most cases, rates have been improving off a very low base. read more.....»»

Ocean Freight Rates Are Set To Rise As Shippers Scramble To Install Scrubber Equipment.....»»

Hauling freight across any mode of transport can be split into two distinct types of transactions – the fixed-rate contract and the spot market. Fixed-rate contracts give shippers guaranteed capacity for their volume, many weeks or even months.....»»

Just as trucking spot rates are hitting two-year lows, ocean shippers are see.....»»

Pointing to strong freight demand, the expectation for improving intermodal rail service and a lack of drivers that will keep rates elevated, Schneider National (NYSE: SNDR) raised its 2021 earnings per share guidance Thursday. read more.....»»

Broad-based volume growth in the majority of freight markets led to slight capacity tightening and hikes in spot rates amongst some of the most challenging lanes. Reefer rates continue to rebound. read more.....»»

It is the best of times; it is the worst of times. Just as spot freight rates for supertankers have reached epic new heights, crude-tanker stocks are plummeting. read more.....»»

It is the best of times; it is the worst of times. Just as spot freight rates for supertankers have reached epic new heights, crude-tanker st.....»»

Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limited spots on cargo planes as Chinese industrial production restarts, according to industry insiders......»»

This week's DHL Supply Chain Pricing Power Index: 25 (Shippers) Last week's DHL Supply Chain Pricing Power Index: 20 (Shippers) read more.....»»

Two historical freight market troughs in 2011 and 2013 support the idea that rapidly contracting absolute capacity coupled with even modest economic growth should yield higher spot rates. Any macro surprise to the ups.....»»

Director of Research Kevin Hill chats with Director of Passport Research JP Hampstead about the state of rates in this first part of ...Full story available on Benzinga.com.....»»

Director of Research Kevin Hill and Director of Freight Market Intelligence Zach Strickland talk about where we are in terms of rates for the New Year. Watch 0 read more.....»»

The enforcement deadline for IMO 2020 — the international rule that requires ocean shipping to switch to more expensive low-sulfur fuel — is six days away, on J.....»»

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