Freight Right reports ocean freight rates have doubled since March, driven by reduced vessel capacity and tight shipping space, signaling upcoming challenges for importers.
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...
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.
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 ...
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 ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. When it comes to contract negotiations, some ...
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.
'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, ...
The U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) is a niche thematic fund tracking marine shipping, air freight and ...
Supply chain professionals in the ocean freight industry are constantly seeking ways to reduce costs and increase efficiency, and technology can be a powerful ally in achieving these goals. With the ...
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