Trans-Pacific boom likely to last until March or longer (with video)
There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
There will be no letup in booming container imports in 2020. The only question now is how long it lasts into 2021.
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.
Transportation costs are hitting record levels as companies struggle to grab capacity amidst an unusually early peak season.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Ports on the Atlantic are losing imports from Europe as well as Asia.
Fewer sailings will be canceled starting in July but that won’t help restock shelves in June.
As ships sail full in May, the hope is that fewer 3Q sailings get the ax.
Learn more at SONAR.FreightWaves.com.
Here it comes: Ports will soon feel full force of canceled box-ship sailings.
Learn more at SONAR.FreightWaves.com.
The maritime shipping companies have been able to increase their rates amidst the COVID-19 induced shut down. Is this a sign of things to come for domestic carriers?
No collapse yet for ocean container spot rates. In fact, they’re up.
China-to-U.S. box rates are losing steam after last week’s rise.
As fewer ships arrive from China, there’s less capacity and equipment for U.S. and European container exports.
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.
Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
No evidence yet of a rush to expedite exports ahead of feared price increase.
Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.
Big one-day drop comes on heels of more restrictions for vessel calls, and concerns about slower demand.
Eight-year-old company working with storied shipping group to make indices available for financial products
Pricing data implies pendulum is swinging even more toward East Coast ports at expense of West Coast.
Still too early to confirm coronavirus fallout in trans-Pacific freight pricing data.
High number of canceled sailings butts up against post-holiday restocking demand in the U.S.
A global container index offers a big-picture perspective on the worldwide supply/demand balance.
All shipping interests through Panama Canal face new fees as water levels drop to ‘historic’ lows.
Despite all the mergers and all the alliances, ocean container rates are still lower than they were seven years ago.
Traditional U.S. import rush prior to Chinese holiday is subdued in 2020.
Index data appears to show that IMO 2020 fuel costs are being passed along to box shippers.
The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
Freight data confirms that container lines are increasing their flows to the U.S. East Coast at the expense of California ports.
Data reveals how container pricing may have suffered collateral damage from the trade war.
After first half surge, the back-end of November is weakening after the last U.S. freight surge.
China-to-California box rates are up 16% from October lows, but are still down 43% year-on-year.
Even with a 15-20% increase in container freight costs from Asia to the U.S., prices would still be far below 2018 rates.
Small tariff increase fails to excite demand as rates reach 2-year lows.
The Freightos Baltic Index is the leading index of market rates for 40 foot containers.
The Freightos Baltic Index (FBX) is the world’s leading – and most accurate – index of market rates for 40′ containers.
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