The Shanghai Containerized Freight Index extended its decline in European lanes, despite recent general rate increases set for May 15 and future increases scheduled for early June and July.
Container Lines
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News & Analysis
24 May 2013
Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced moderate increases in the week of May 24, following general rate increases of $400 per 40-foot container moving from Asia to the U.S. West Coast and $600 per FEU from Asia to the U.S. East Coast implemented by USL and CMA CGM on May 21.
24 May 2013
Eimskip, the Icelandic shipping and logistics group, posted higher first quarter earnings and revenue as strong reefer tr
24 May 2013
Hapag-Lloyd will raise rates for all dry, refrigerated, flat rack and open top containers on its trade from East Asia to the U.S. and Canada, effective July 1...
24 May 2013
Hanjin Shipping’s Busan container terminal and the turnaround times it affords are enough to make eyes water.
24 May 2013
One step forward, a half-step backward. That’s expected to be the story of the U.S. economy, and containerized imports and exports, through the rest of 2013.
23 May 2013
J. Christopher Lytle, executive director of the Port of Long Beach, will leave in mid-July to take the same post at the Port of Oakland.
23 May 2013
The Port of Tacoma in Washington reported container volume from January to April was 617,076 20-foot-equivalent units, up 35 percent year-over-year.
23 May 2013
Trans-Atlantic eastbound and westbound rates inched up in the week of May 23, according to the latest release of the World Container Index.
23 May 2013
Backhaul rates from northern Europe and the U.S. West Coast continued to dip this week, according to the latest release of the World Container Index.
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Commentary
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