Asia-Europe carriers in last-ditch bid to raise plunging rates before slack...
The first week gains of September’s general rate increases were all but wiped out in the spot markets, so it was business as usual on the troubled Asia-Europe tradelane this week. Carriers saw the...
View ArticleDesperate Asia-Europe carriers hope new GRIs will kickstart a happier new year
CMA CGM has announced a general rate increase on all containers carried between Asian and North European ports of $950 per teu for December 1, and rival carrier Hapag-Lloyd said it would also seek an...
View ArticleBoxlines pin their hopes on a strong peak season and new GRIs to erase the...
According to analysis in Drewry’s Container Insight Weekly, ocean carriers need this year’s peak season to “exceed expectations” for load factors to support general rate increases (GRIs) and the good...
View ArticleCarriers pin hopes on GRIs as Asia-North Europe rates approach an all-time low
Another week of double-digit declines on the major Asia-Europe trades as today’s Shanghai Containerised Freight Index (SCFI) registers big falls in container rates to both North Europe and...
View ArticleHapag-Lloyd first ocean carrier to ditch GRIs and go FAK in bid to stop...
Hapag-Lloyd is to abandon general rate increases (GRIs) and next month will set minimum FAK [freight all kinds] rates for containers on its vessels from Asia to North Europe and the Mediterranean....
View ArticleEU to accept antitrust offer from 15 shipping lines as probe draws to a close
It looks as if the EU investigation into the shipping lines is coming to a close – without penalty. It’s not been officially announced yet, but it appears that the 15 major shipping lines accused of...
View ArticleForwarders see dark skies for airfreight as Emirates raises prices ‘to make...
Emirates SkyCargo says it has been forced to raise its rates as it struggles to make air freight sustainable. On Monday, it sent a note to customers explaining that, from August 8, it would be...
View ArticleContainer shipping rates still falling, but forward data points to an ‘upward...
Container spot rates from Asia to Europe slid for the second week running, but held at above $700 per teu – a level carriers seem unprepared to breach, given the current “full” status of westbound...
View ArticleGSF says news EU pricing rules should be adopted worldwide
New EU pricing rules for shippers that come into force in December should be adopted globally to increase price transparency and prevent uncompetitive behaviour, Global Shippers’ Forum told a...
View ArticleFreight rate news is rough, but there may be smoother sailing ahead for...
Bids to raise prices by Asia-Europe ocean carriers have so far failed to lift container spot rates, which remained stubbornly flat this week. Despite mid-month GRI (general rate increase) and FAK...
View ArticleAirfreight rate rises – is the process out of date?
In an age where flexible pricing is becoming the norm (Uber, petrol stations, passenger air fares), why does the cargo industry still stick to published rates – and rate increases? That’s the question...
View ArticleTranspac fears as pressure on spot rates hardens, but Asia-Europe is calmer
Container spot rates on the transpacific tradelane softened again this week, carriers losing all the November GRI gains – and more. According to today’s Shanghai Containerized Freight Index (SCFI), the...
View ArticleBox carriers sail towards a tipping point of ocean freight rates and fuel
The bellwether Shanghai Container Freight Index (SCFI) did not publish today, due to the national holiday in China, but current sentiment suggests that ocean carriers will find their rates under...
View ArticleCarriers pin hopes on GRIs as Asia-North Europe rates approach an all-time low
Another week of double-digit declines on the major Asia-Europe trades as today’s Shanghai Containerised Freight Index (SCFI) registers big falls in container rates to both North Europe and...
View ArticleHapag-Lloyd first ocean carrier to ditch GRIs and go FAK in bid to stop...
Hapag-Lloyd is to abandon general rate increases (GRIs) and next month will set minimum FAK [freight all kinds] rates for containers on its vessels from Asia to North Europe and the Mediterranean....
View ArticleEU to accept antitrust offer from 15 shipping lines as probe draws to a close
It looks as if the EU investigation into the shipping lines is coming to a close – without penalty. It’s not been officially announced yet, but it appears that the 15 major shipping lines accused of...
View ArticleForwarders see dark skies for airfreight as Emirates raises prices ‘to make...
Emirates SkyCargo says it has been forced to raise its rates as it struggles to make air freight sustainable. On Monday, The Loadstar has learnt, it sent a note to customers explaining that, from...
View ArticleContainer shipping rates still falling, but forward data points to an ‘upward...
Container spot rates from Asia to Europe slid for the second week running, but held at above $700 per teu – a level carriers seem unprepared to breach, given the current “full” status of westbound...
View ArticleGSF says news EU pricing rules should be adopted worldwide
New EU pricing rules for shippers that come into force in December should be adopted globally to increase price transparency and prevent uncompetitive behaviour, Global Shippers’ Forum told a...
View ArticleFreight rate news is rough, but there may be smoother sailing ahead for...
Bids to raise prices by Asia-Europe ocean carriers have so far failed to lift container spot rates, which remained stubbornly flat this week. Despite mid-month GRI (general rate increase) and FAK...
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