Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...

The Federal Maritime Commission (FMC) has begun releasing Containerized Freight Statistics (CFS) data, which is submitted by ocean common carriers as mandated by the Ocean Shipping Reform Act of 2022.

SINGAPORE, Nov 18 (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in ...

CORAL GABLES, Fla. , March 3, 2025 /PRNewswire/ -- Logistics payment platform, PayCargo, and Gnosis Freight, a leading provider of supply chain visibility and execution software for shipping ...

Managing the price risk in shipping containers has become paramount as cargo owners look to hedge the cost of freight, which can account for up to 20% of cargo value. New freight futures contracts ...

Whether it’s Hot Wheels or Barbies or pretty much anything else that’s supposed to come from China to the United States, it’s mostly all getting here one way. “I would say that it's about 99.8% of ...

The escalating crisis in the Red Sea region and the Panama Canal drought create significant international shipping and logistics challenges. For instance, the Panama Canal drought causes severe ...

Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...

Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input ...

State funding will help CSX transform a central New York rail yard into a modern intermodal hub for international freight. The New York State Department of Transportation awarded $19 million toward ...