Trans-Pacific

Trans-Pacific

The Shanghai-northern Europe spot rate slipped 2.2 percent to $1,203.
25 Jul 2014
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.
Ocean carrier rate revision roundup for July 25
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
The Drewry benchmark spot rate from Hong Kong to Los Angeles dropped $100 this week to $1,800 per FEU.
23 Jul 2014
With another week left before carriers in the trans-Pacific lanes attempt a general rate increase of $600 per 40-foot container, spot rates from Asia to the U.S. West Coast dropped once again.
Weekly wrap-up for July 19
19 Jul 2014
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
Ocean carrier rate revision roundup for July 18
18 Jul 2014
Multiple carriers have announced general rate increases on several trade routes to take effect in August.
Spot rates from Shanghai to Northern Europe sank 5.5 percent to $1,230 per TEU this week.
18 Jul 2014
Instability in the spot rate market continued this week, as spot rates from Shanghai to northern Europe, the Mediterranean and both coasts of the United States sank yet again...
Drewry’s benchmark spot rate from Hong Kong to Los Angeles rose to $1,900 per 40-foot container this week.
16 Jul 2014
Attempts by the trans-Pacific carriers to institute a two-tiered July general rate increase fell just short of realization...
16 Jul 2014
The U.S.-Asia ocean container trade increased 2.7 percent to 20 million 20-foot-equivalent units in the 12 months ending March 2014 compared with the prior 12-month period, according to data from PIERS, the data division of JOC Group.
16 Jul 2014
Buoyed by continued strength in imports from Asia, the Transpacific Stabilization Agreement today recommended that carriers in the eastbound trans-Pacific increase their freight rates...
14 Jul 2014
Robust demand out of Hong Kong and China in June saw cargo and mail carried on Cathay Pacific and Dragonair gro
Shanghai-Northern Europe SCFI
11 Jul 2014
One week after spot rate gains from Shanghai to the United States and Europe, rates on the Shanghai Containerized Freight Index dropped yet again.
Ocean carrier rate revision roundup for July 11
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...