Sourcing Journal on MSN
Soft demand sends ocean freight rates lower ahead of Lunar New Year
Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.
Since peaking during the pandemic, the transportation industry has faced a protracted slump. An index that tracks global container rates has plunged 75% from a year ago. The downturn has also affected ...
Two weeks of rising diesel prices have erased a chunk of declines seen the last couple months. Also: Feds investigating ...
This week, global trade policy saw several notable developments suggesting a turning point in how major economies manage supply chains, resource dependencies, and trade imbalances. The EU’s push to ...
I believe the recent news related to the Red Sea conflict keeps geopolitical risks high, which could support steady freight rates this year. I believe ZIM Integrated's current share price already ...
Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...
Are you choosing Less-Than-Truckload (LTL) for your next shipment booking? If so, you’ve come to the right place! We understand that you want the LTL freight rates to be as low as possible without ...
I find ZIM’s dividend appealing, but I’m concerned it heavily depends on freight rates staying artificially high due to Red Sea disruptions. I foresee no meaningful drop in freight rates until a ...
The year 2022 has been a story of fast-changing fortunes. Only a few months ago, freight rates were at record highs and as much as 50% higher than they were in 2021. However, in July 2022, the ...
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