Freight Right reports ocean freight rates are declining amid tariff uncertainty, causing importers to delay shipments.
Recent years have been rough for ocean freight forecasting. This year is no exception. Just a few months into 2025, and the market is already shaping up to be one of the most unpredictable, and ...
The second half of October has delivered a strong rebound in ocean freight rates as more carriers are successfully blanking sailings and implementing general rate increases (GRIs). According to data ...
Container rates have soared as high as $10,000 amid the Houthi attacks in the Red Sea, but new data shows that ocean carriers are reducing freight rates from China to the U.S. West Coast, contrary to ...
Freight rates out on the ocean have continued their consistent descent since the start of 2025, capped over the past week by significant declines on both major Asia-to-North America trade lanes.
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
New data shows that freight rates for ocean carriers have risen significantly since the start of May. According to Freightos, ex-Asia rates have increased by around $1,000 per 40-foot-equivalent units ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...