Trans-Pacific

Trans-Pacific

17 Sep 2014
The cost of shipping a 40-foot container from Hong Kong to Los Angeles declined this week, with rates losing all gains brought on by a Sept. 1 general rate increase.
10 Sep 2014
After gaining ground thanks to general rate increases in the first week of September, the Drewry benchmark rate from Hong Kong to Los Angeles dropped $100 per container this week.
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.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles jumped 14.5 percent, or $300 per FEU this week.
03 Sep 2014
After weeks of stagnation, Drewry’s benchmark spot rate from Hong Kong to Los Angeles jumped this week on the back of Sept. 1 trans-Pacific general rate increases.
Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
29 Aug 2014
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Maersk Kampala
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
Drewry’s Hong Kong-Los Angeles container freight rate benchmark was unchanged for the second week in a row at $2,075 per FEU.
27 Aug 2014
Spot rates in the trans-Pacific trade are holding steady as peak-season volumes continue to keep capacity tight on trips to the U.S. East and West Coasts.