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Auto & Transport Roundup: Market Talk
The Wall Street Journal· 52 minutes ago0809 GMT – Fraport shouldn’t expect much change to market consensus after its first-quarter result and reiterated guidance for 2024, Jefferies analysts...
‘Contract Rates Are Clearly the Way to Go’ As Spot Market Heats Back Up
Sourcing Journal via Yahoo Finance· 19 hours agoAnd just like during the pandemic, I do not expect shippers who move freight on contracts...
Suez Canal Sees Significant Decrease in Shipping Traffic
Rigzone· 2 hours agoIn a release sent to Rigzone last month, Xeneta, which describes itself as the leading ocean freight...
Maersk stock surges as shipping rates from Asia to Europe soar By Investing.com
Investing.com· 1 day agoMaersk stock surges as shipping rates from Asia to Europe soar
Airfreight rides e-commerce to surprise growth in May
FreightWaves· 2 hours agoDemand growth for air transport has tapered slightly in the Indian subcontinent and Southeast Asia...
Container shipping companies have been on a tear. That won’t halt soon, say analysts
Market Watch· 1 day agoShares of container shipping companies were climbing on Monday, keeping pace with a recent run of...
State of freight: Current conditions will be slow to improve, say FTR analysts - TheTrucker.com
The Trucker· 1 day agoThere are too many trucks competing for too little freight in the North American market, driving...
A 'carrier-controlled market' as spot rates rise and capacity tightens - The Loadstar
The Loadstar· 4 days agoThe continuing Red Sea crisis in combination with higher-than-expected demand caught many...
Air cargo's summer: traditionally slack, or Red Sea-induced demand? - The Loadstar
The Loadstar· 1 day agoIn the first week of this month, the average air cargo spot rate on the trade was around nine times...
Ocean carrier cocktail leaving a sour taste in shippers’ mouths
FreightWaves via Yahoo Finance· 18 hours agoBlank sailings are a major factor in maritime shipping and are increasing after ocean carriers...