Trade Lanes

Shanghai Containerized Freight Index spot rates for U.S.-bound trade lanes experienced moderate increases in the week of May 24, following general rate increases of $400 per 40-foot container moving from Asia to the U.S. West Coast and $600 per FEU from Asia to the U.S. East Coast implemented by USL and CMA CGM on May 21.

Yusen Logistics has expanded its direct less-than-containerload services by adding two new routes to its network...

Backhaul rates from northern Europe and the U.S. West Coast continued to dip this week, according to the latest release of the World Container Index.

Hapag-Lloyd will revise three of its trade routes...