Asia-Europe

Asia-Europe

25 Mar 2015
The Asia-Europe trade needs a system similar to the Transpacific Stabilization Agreement on the transpacific route so carriers can apply general rate increases and set surcharges in a more consistent and transparent way, a leading industry analyst says.
13 Oct 2014
Ocean carriers face an uphill struggle to achieve planned general rate increases in the Asia-North Europe trade in the coming weeks against a backdrop of plummeting spot rates, according to industry analysts.
13 Oct 2014
To understand how deeply the Asia-Europe trade is holding carriers’ bottom lines hostage, one just needs to look at the numbers. Spot freight rates on the head-haul westbound trade out of Asia slumped to just $822 per 20-foot-equivalent container unit in late September, according to the Shanghai Containerized Freight Index, less than half the $1,765 rate at the beginning of the year.
Ocean carrier rate revision roundup for Oct. 10
10 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
10 Oct 2014
Fears of a spot rate plunge on Asia-U.S. routes following China’s Golden Week holidays proved unfounded, suggesting carriers on the trade have managed to balance capacity against demand over the traditionally slow period.
07 Oct 2014
Containerized exports from Asia to Europe and North America increased year-over-year in August, but spot rates in the Asia-to-Europe and North America trade lanes dropped, according to Container Trade Statistics.
Ocean carrier rate revision roundup for Oct. 3
03 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
The spot rate to the U.S. East Coast was $4,636 per 40-foot container this week.
05 Sep 2014
Spot rates on major trade lanes worldwide increased this week, with peak shipping season to Europe and North America in full swing.
Ocean carrier rate revision roundup for Sept. 5
05 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in September and October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
04 Sep 2014
Container volumes from Asia to its key export destinations were up in July, anchored by growth to both Europe and North America.
04 Sep 2014
Due to lower trade volumes to and from emerging markets in Asia, ports around the world overall saw weak performance in the second quarter of 2014, according to the Shanghai International Shipping Institute.