Ocean freight rates continue to decline along the major trade routes, according to Freightos Baltic Index. Asia-US West Coast prices (FBX01 Weekly) fell 4% to

Xeneta’s latest weekly market analysis shows that air cargo demand experienced a second consecutive month of surprising growth in February.   Global air cargo traffic

The spot rates for global container shipping have been declining this week, according to Drewry’s World Container Index (WCI).   The index showed a 6%

The International Air Transport Association (IATA) says the demand for global air cargo has shown a significant increase in January 2024.   Total demand, measured

Global schedule reliability and average delays have reached the lowest level in the past 15 months due to Red Sea disruptions which have resulted in

  CMA CGM, the French shipping company, has successfully finalized its largest-ever acquisition, a $5 billion takeover of Bollore Logistics.   The transfer of Bolloré

A shipping group has offered safe passage to commercial ships navigating through the volatile Red Sea.   A deal has been struck between two countries

The US Federal Maritime Commission (FMC) has established new regulations, limiting ocean carriers and marine terminal operators (MTOs) in imposing container demurrage and detention charges

Since early February, global container spot rates have declined, signaling the end of strong pricing power seen in January, according to an analysis by Freightwaves.

Teamsters Canada has warned that workers at CN and CP are planning to strike as the talks between railroad companies and their union is stalled.

Air cargo movement to Dubai, a major global trade hub, faces major disruption as the local terminal operator suspends its operation for 48 hours.  

Lufthansa Cargo gradually resumes flight operations in Frankfurt and Munich after the end of the Verdi strike on Thursday morning, the German airline announced on

  Ground staff at Lufthansa Cargo are set to go on strike, leading to significant disruptions to flights tomorrow Wednesday Feb 07 until next Thursday

https://youtu.be/F1AgQENGoTQ Drewry releases its Container Shipping Financial Health Check for 2024, anticipating that oversupply will decrease freight rates below breakeven, despite the current disruptions in

According to the latest weekly market analysis by Xeneta, the early lunar year and the Red Sea crisis pushed the global air cargo volumes up

An Analysis by Xeneta reveals that the impacts of the Red Sea crisis have led to  ocean rate surge even faster than during the early

According to a report by ShippingWatch, undisclosed sources have confirmed that Houthis have reached an agreement with the shipping lines to refrain from attacking certain

China’s eco-friendly “OOCL Valencia” which is completed in 2024 and has a capacity of 24188 TEUs set sail from Nantong in the Jiangsu Province on

Market observers expect the airfreight rates to take off from next week as more and more shippers are switching to air due to delays and

The incident is expected to further increase ocean freight rates for cargo passing through the volatile region.It will also lead to more shippers opting for

The new long-term operational collaboration is called Gemini Cooperation.The two Northern European shipping companies announced the deal on Wednesday, saying the agreement will be operational

According to a report from Xeneta freight platform, air cargo volumes from Vietnam to Europe jumped 62%  from a week earlier as exporters seek to

A European freight forwarder has accused carriers of to creating artificial demand by blanking sailings ahead of the Chinese New Year in order to increase

Freight movement through the Suez Canal has decreased by about 45% in the past two months amid the Red Sea crisis, according to the UN’s trade

US forwarder cuts 20% of staff amid supply chain chaos According to media reports, Flexport, which was considered one of the fastest growing digital freight

Bangkok cargo handler lifts embargo on import goods FS, the cargo handler company in Bangkok, has lifted its short embargo on import goods into the

EU urged to curb “massive impacts” of Red Sea crisis As the Red Sea situation continues to disrupt shipping industry and international trade, a European