Rates on Asia trades to the US and Europe rose strongly this week, an encouraging sign for carriers that are about to start applying low-sulfur fuel surcharges on spot cargo.
Monday December 9, 2019
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Press Releases
28 Nov 2019
The European Shippers’ Council has vowed to challenge the decision by the European Commission to extend the carrier exemption from competition laws for another four years.
28 Nov 2019
Despite the lifting of Russian sanctions on the transit of agricultural products through its territory, some big issues stand in the way of rising volume.
27 Nov 2019
The bluster of trade war rhetoric continues on both sides of the Pacific as a Phase One deal is hammered out. Until then, look to the intermodal system to show the truth on the movement of trade.
27 Nov 2019
The extent to which US retailers rebuild their inventories post-Christmas will provide a hint as to how consumers will respond to mixed economic signals and higher prices on some Chinese goods.
26 Nov 2019
If the heavy support of subsidies from China was withdrawn quickly, it is likely only higher-value products would be viable on the China-Europe rail network.
21 Nov 2019
East and Gulf Coast ports in the first 10 months of 2019 were largely unaffected by US-China trade war, but West Coast ports, which are heavily dependent upon imports from China, registered a 3.2 percent decline in total imports from Asia.
15 Nov 2019
The second straight weekly decline in spot rates in the eastbound Pacific seems to show that the peak shipping season was uneventful -- and that the 25 percent tariffs on $300 billion of imports from China due to go into effect Dec. 15 is having no significant impact on freight volumes.
15 Nov 2019
Maersk continues to improve its profitability, helped by falling bunker prices and a greater focus on capacity management.
13 Nov 2019
A worsening political situation and escalating protests have forced the cancelation of an important airline gathering in Hong Kong.
08 Nov 2019
The spot rate on Asia-North Europe has risen for three consecutive weeks, with expectations that demand could begin to improve later in November as cargo moves ahead of an early Chinese New Year.
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