Trade between northern Europe and North America fell in May, but carriers are making moves to keep their utilization rates over 90 percent on both eastbound and westbound routes, Drewry says.
02 Aug 2013
The centuries-old trade between North Europe and the U.S. is all but stagnant, especially on the eastbound leg of the trade. U.S. imports from Europe are recovering, while exports must await economic revival of Europe, which seems trapped in its own dedication to austerity. All eyes are on 2014, when signs of improvement in recession-bound southern Europe may augur for an economic turnaround, albeit a weak one.
01 Aug 2013
Trans-Atlantic rates between New York and Rotterdam declined in both directions during July 2013. The eastbound rate from New York to Rotterdam lost much more than the $44 it had previously gained from the July 1 GRI of between $150 and $200 per 40-foot container by Maersk Line and Hapag-Lloyd.
01 Aug 2013
Containerized exports from North America to all reported regions, with the exception of Far East Asia, were up in May 2013, according to data from Container Trades Statistics Ltd. This is the second straight month of year-over-year increases to all other regions, and the third straight month of declines of exports in Asia.
23 Jul 2013
Containerized exports from Europe increased in May year-over-year, according to data from Container Trades Statistics. All regions except the Europe-North America trade lane saw increases for a second month.
22 Jul 2013
12 Jul 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, with most slated to take effect in August.