Carriers announced GRIs this week for several major trade lanes, all effective on Jan. 15. Spot rates on Drewry Maritime Research’s World Container Index composite index, which measures 11 East-to-West trade lanes, has dropped 23.5 percent in the five weeks since Nov. 6.
03 Feb 2014
CMA CGM has upgraded its Oceania-U.S. service to a weekly frequency with the addition of a second string to its PAD service, which will take effect in the beginning of March.
27 Jan 2014
Major container lines hope to increase rates in multiple trade lanes in February, March and April, although any hikes achieved may be temporary.
14 Jan 2014
Direct-to-consumer delivery of merchandise via e-commerce fulfillment has been a boon for the courier industry, but when the consumer is located in another country, the rules of the game change and fulfillment becomes much more complex.