Trans-Pacific

Trans-Pacific

Plane in blue sky
29 Jul 2014
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.
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...
Drewry’s benchmark spot rate from Hong Kong to Los Angeles stood at $1,800 per 40-foot container this week
09 Jul 2014
Spot rates from Hong Kong to Los Angeles slid slightly this week.
CMA CGM Corte Real
09 Jul 2014
West Coast ports can breathe a sigh of relief after the rejection of the P3 Network by China’s Ministry of Commerce — a single operational entity won’t have the huge leverage they feared in negotiations over port calls and terminal charges.
08 Jul 2014
A Nicaraguan government committee today approved the route of a proposed $40 billion canal project that will bisect the country and rival the Panama Canal waterway linking the Pacific Ocean and the Caribbean.
07 Jul 2014
Carriers in the eastbound Pacific intend to increase their freight rates effective July 15 by $200 per 40-foot container for cargo moving from Asia to Los Angeles-Long Beach.
Spot rates from Shanghai to Northern Europe rose to $1,416 per 20-foot container this week.
04 Jul 2014
Spot rates from Asia to Europe increased this week after several weeks of decline.
Ocean carrier rate revision roundup for July 4
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
Drewry’s benchmark spot rate from Hong Kong to Los Angeles jumped for the first time in five weeks.
02 Jul 2014
A $200 gain in the spot rate price per 40-foot container in trans-Pacific lanes could be short-lived, Drewry said today.
Bill Rooney
02 Jul 2014
William Rooney, Kuehne + Nagel vice president, responds to questions about the current slower growth environment and the NVO ability to provide “something broader than rates” as the trans-Pacific trade evolves.
SCFI: Shanghai to Northern Europe
27 Jun 2014
Spot rates from Asia to Northern Europe are 20 percent lower than they were this time last year, according to the Shanghai Containerized Freight Index.