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The latest S&P Global Monday release on Platts Americas Container Freight shows that non-Asian export cargo bound for the East Coast of South America saw the greatest freight rate decline, dropping 51.9%, or US$ 2,700, throughout the week, to settle at US$ 2,500/FEU.
After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the energy and subsequent inflation crisis.
After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the en
The container shipping lines are taking steps to manage capacity as rates plummet and shippers continue to reduce volumes. Despite the industry’s expe...
The major shipping lines are once again resorting to blanking sailing from their schedules as a means of controlling capacity after an extended period...