Trans-Pacific

Trans-Pacific

Ocean carrier rate revision roundup for Oct. 17
17 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.
15 Oct 2014
A record number of ship deliveries will combine with declining scrapping rates and mid-single-digit growth in volume to extend the gap between container ship supply and demand through 2015, according to a leading maritime research consultant.
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.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles registered at $1,875 per 40-foot container this week for the third straight report.
08 Oct 2014
Spot rates from Hong Kong to Los Angeles plateaued this week, highlighting three straight weeks of stability following a volatile September.
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.
03 Oct 2014
When the new, expanded Panama Canal finally opens sometime in early 2016, an armada of ships twice the size of those capa
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.
SCFI Shanghai to Northern European ports rate September 19, 2014
19 Sep 2014
Spot rates on the Asia-northern Europe trade plunged below $1,000 for the first time since March as September GRIs continued to slide, according to the latest Shanghai Containerized Freight Index.
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.