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Latest News

  • Car carrier operators further expand widening order book on robust outlook
    Car carrier operators further expand widening order book on robust outlook
  • Tighter truckload market to boost contract rates in 2027: Werner
    Tighter truckload market to boost contract rates in 2027: Werner
  • India-Europe carrier booking rates halve from August highs amid slowing demand
    India-Europe carrier booking rates halve from August highs amid slowing demand
  • Slowing AI demand growth masks hyperscaler spending boom: Rotate
    Slowing AI demand growth masks hyperscaler spending boom: Rotate
  • Roadrunner adds Canada-to-US LTL service to speed goods across border
    Roadrunner adds Canada-to-US LTL service to speed goods across border
More News
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More News & Analysis

Car carrier operators further expand widening order book on robust outlook

The new ships join a ballooning backlog of vessels that has swelled to more than 200 ships totaling 2 million dwt, equivalent to 23% of the existing fleet, according to data from shipbroker Clarksons.

Tighter truckload market to boost contract rates in 2027: Werner

Management said on the company's third-quarter earnings call that early bidding opportunities could require average double-digit rate increases, although it cautioned it was too early to forecast pricing for the entire year.

India-Europe carrier booking rates halve from August highs amid slowing demand

Notwithstanding the rate correction, sources believe unchanged or only slightly lower westbound allocations on the lane have kept carrier spot asks from crashing more steeply.

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