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 ...

The container shipping market has become used to cyclicality over the decades, and it experienced an unprecedented peak in 2021 and 2022 with record rates and profits for liners. But with consumers ...

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

Lower freight rates made a dent in the top and bottom lines of CMA CGM and ZIM in the fourth quarter, following the trend experienced by container shipping contemporaries Maersk and Hapag-Lloyd. While ...

Hapag-Lloyd expects container demand growth to slow down in the second half of 2025 as more companies take a “wait-and-see” approach to the impact of tariffs. Since the U.S. and China agreed to extend ...

Despite a prolonged freight recession driven by soft demand for container shipments and plunging carrier profits, the container shipping industry is bullish on prospects for 2024. Seventy-four percent ...

Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the ...

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 ...