With another week left before carriers in the trans-Pacific lanes attempt a general rate increase of $600 per 40-foot container, spot rates from Asia to the U.S. West Coast dropped once again.
Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong
25 Jun 2014
Spot rates from Hong Kong to Los Angeles are holding steady at a two-year low this week.
19 Jun 2014
The G6 and CKYHE alliances that were to have competed head on with the P3 Network may be feeling an easing of pressure after China’s shock rejection of the vessel-sharing agreement, but both are pushing ahead with the expansion of their networks.
18 Jun 2014
The downward trend in Drewry’s benchmark spot rate from Hong Kong to Los Angeles continued this week.
11 Jun 2014
There was no change in the Drewry benchmark spot rate from Hong Kong to Los Angeles this week.
10 Jun 2014
American Airlines is adding Hong Kong and Shanghai to its daily Asian routes this week as the carrier capitalizes on 12 consecutive months of air freight growth and improving yields.
06 Jun 2014
The Hong Kong Association of Freight Forwarders and Logistics (HAFFA) has joined a coalition of global counterparts in calling for the U.S. federal government to seek input from small and midsize forwarders before expanding the Air Cargo Advanced Screening (ACAS) program
04 Jun 2014
Trans-Pacific spot rates continued a downward spiral this week, with the Drewry benchmark rate for shipping from Hong Kong to Los Angeles falling an additional $50.
02 Jun 2014
U.S. containerized exports declined for the third straight month in April, albeit marginally, dropping 0.2 percent year over year.
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
28 May 2014
Rates in the trans-Pacific moved downward this week, with the Drewry benchmark rate for shipping from Hong Kong to Los Angeles falling 10 percent.