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Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
CNBC· 7 days agoA Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China's Shandong...
Too many trucks for available freight keeps rates at unprofitable levels - TheTrucker.com
The Trucker· 2 days agoIt was “more of the same” for freight markets in April, according to industry sources. The amount of...
Trade Strains Boost Ocean Shipping Cargo Rates | Transport Topics
Transport Topics· 2 days agoBoxes are stacked on a Cosco England containership at the Kwai Chung Container Terminal in Hong...
Freight hikes force shippers to get creative
China Daily· 22 hours agoFollowing recent announcements by multiple global shipping companies about rising fees for container transportation, Chinese exporters have quickly...
Some Shipping Container Costs Hit $10,000 | Transport Topics
Transport Topics· 20 hours agoMarseille, France-based CMA CGM SA, the world’s No. 3 carrier, already announced a $7,000 rate for a...
ZIM Integrated Shipping Services (NYSE:ZIM) Rating Reiterated by Jefferies Financial Group
ETF DAILY NEWS· 6 days agoZIM Integrated Shipping Services (NYSE:ZIM – Get Free Report)‘s stock had its “buy” rating restated...
Container Shipping’s Red Sea Rebound Reels in $5.4 Billion in Q1 Profits
Sourcing Journal via Yahoo Finance· 7 days agoBut the total marks a serious reversal of what was six straight quarters of net income declines,...
Earnings call: MPC Container Ships reports robust Q1 2024 results By Investing.com
Investing.com· 1 day agoMPC Container Ships ASA (MPCC) announced a strong performance in the first quarter of 2024, marked...
CCTV Script 24/05/24
CNBC· 6 days agoCompared to the end of April, the spot shipping rate for a 40-foot container from East Asia to ports on the East and West Coasts of the United States has risen...Xeneta told ...
Ellerman City Liners relaunches China-UK service for peak season - The Loadstar
The Loadstar· 52 minutes agoUK-based container line Ellerman City Liners is making a temporary return to the Asia-Europe trade,...
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