FBX Report: October 16, 2024
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Containerized logistics services provider STG Logistics said it will use a new $300 million debt and equity financing package to fund future growth.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Despite the timing of the Lunar New Year, import volumes at three of the largest U.S. ports rose year over year.
The East and Gulf Coast ports continue to take market share from the largest West Coast ports, which had a challenging March.
Port Houston reported strong imports after a soft January as general cargo tonnage represented nearly 40% of total import tonnage in the month.
The initial shock factor is waning and ocean spot rates are losing momentum across the globe.
The CEO of the Port of Long Beach boss cited restocking ahead of the Lunar New Year as the driver for import growth in January.
Spot-exposed carriers are likely to see a boost to their Q1 2024 financials.
Port director Gene Seroka cited replenishing inventory and consumer spending as drivers of growth.
Hopes for a significant rebound in Panama Canal water levels to boost throughput will likely be met with a harsh reality over the next few months.
Containerized imports to Savannah were increasing before the holiday, and rejection rates out of Dallas fell 100 basis points since Monday.
Dwell times in the Port of Los Angeles dropped below four days, and outbound volumes are up in Savannah, Georgia, due to more imports being sent to the East Coast.
Importers have been shifting to the East Coast since 2021, but the full realization of this has peaked over the summer. The shifting import pattern has strong downstream effects for surface transportation providers.
Imported twenty-foot equivalent units cleared through customs to the Port of New York and New Jersey fell last week, and truckload volumes in St. Louis are climbing this week.
DOT officials are calling the start of data sharing among supply chain companies a ‘milestone’ event.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Paccurate raised $2.2 million to advance its cartonization and optimization platform.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Container ship freed from Chesapeake Bay more than a month after it ran aground
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
STG Logistics has made nearly a dozen acquisitions over the last five-plus years. However, its latest deal for XPO’s intermodal unit is its most transformative yet.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Georgia governor hails project to ‘provide the infrastructure our economy needs to thrive’
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
AskWaves looks at the rankings of the world’s top container ports
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Logistics companies like C.H. Robinson are deploying employee to open certain containers and sort out time-sensitive items
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
In addition to 40 waiting close to shore, another 56 farther out
The Friend of the Sea program calls on the international maritime sector to act immediately to prevent ship-whale collisions.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
16 companies control 80% of the world’s liner shipping, container production and box-leasing capacity
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The scramble for container capacity is growing even more intense
Intermodal volumes are down while tender rejections are up. The rails may be missing a huge growth opportunity, but is there anything they can do about it?
Industrial chemicals, petroleum coke and dry bulk led the way in June
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
More than 3 months after getting stuck in Suez Canal, container ship, cargo and crew are moving again
Container Ship Fleet Size by Nationality of Operation
Container activity was 275,840 TEUs at the port in April, an increase of 25% year-over-year for the month of April.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
2001: Several shipping lines are close to ordering the first container ships of 8,000- to 9,000-TEU capacity, but others in the industry are warning of the associated risks.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
There is a direct correlation between stimulus checks and the surge in e-commerce spending, according to SEKO US.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Three Chinese companies — CIMC, DFIC and CXIC — produce about 80% of the world’s containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
“Not only are we at the height of the Christmas season, but we’re at the height of the Y2K concern as well. Importers and major trading houses are trying to move their goods now to beat any chance of problems with the changeover to the new millennium.”
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
1994: Despite its effectiveness in catching contraband, Customs pulls the plug on X-ray procedures at Tacoma.
Shipping containers are known for their long-term durability — here’s a closer look.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Tight container market, COVID-19 pandemic concerns and sufficient network capacity are among top concerns of some grain shippers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
1966: Seventy thousand American gallons of frozen concentrated orange juice were imported into the United Kingdom from Florida in 1965. This quantity represents nearly two million cans, retailing at about 32 cents for 6 fluid ounces, appreciably higher in fact than the American price.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
1970: After 123 years of Hapag history and 113 years of Lloyd history the first page of Hapag-LIoyd AG history will be written in 1970. The new company has a staff of 11,500 of whom some 5,000 are sea-going personnel.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
1973: This will be Sea-Land’s 2nd container crane at Jacksonville and the 3rd in operation at the port.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Chairman Michael Khouri explains how the U.S. Federal Maritime Commission keeps track of COVID-19-induced ocean container carrier sailing schedule changes for anticompetitive behavior.
Learn more at SONAR.FreightWaves.com.
Learn more at SONAR.FreightWaves.com.
The U.S. Federal Maritime Commission’s legal staff is expected to deliver its final demurrage and detention rulemaking assessment to the commissioners in the next several weeks.
Container shipping rates from China to the U.S. west coast and international intermodal volume out of the L.A. port complex are both at or below last year’s seasonally-weak Chinese New Year Period. Extended factory shutdowns to prevent the spread of the coronavirus may inhibit a March or April rebound.