Spot container freight rates from Shanghai to U.S. ports fell about $70 per 40-foot container from last week, while rates from Shanghai to northern European and Mediterranean ports dropped more than $100 per TEU for the fourth straight week in the week of March 7. U.S-bound trade lanes have not seen an increase in seven weeks and Europe-bound lanes in nine weeks.
Europe
Press Releases
07 Mar 2014
Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
07 Mar 2014
Hamburg increased container throughput by 4.4 percent in 2013, as surging Baltic traffic and a recovery on Asian services helped it to buck the downward trend across the North European port range.
06 Mar 2014
Stobart Group, one of the United Kingdom’s largest trucking companies, today announced it is selling 51 percent of its key transport and distribution business for £239.7 million ($ 400.3 million) in cash and shares to a group headed by Chief Operating Officer William Stobart.
06 Mar 2014
The port of Rotterdam said it’s missing out on almost one million standard containers a year because rival ports in Germany and Belgium, led by Hamburg and Antwerp, receive “unfair” financial support from their governments.
06 Mar 2014
Global air cargo surged 4.5 percent in January from a year earlier, driven by solid growth across all regions, but rising protectionism could clip growth, the International Air Transport Association said.
05 Mar 2014
Panalpina returned to profitability in 2013 as a market-beating performance in the ocean container and air cargo markets offset anti-cartel fines in the U.S.
04 Mar 2014
Eimskip, the Icelandic container shipping and refrigerated logistics group, is planning to list its shares abroad to help
04 Mar 2014
Summa, the Russian energy and transport conglomerate, confirmed its plans to build a container terminal in Ukraine when tensions between Moscow and Kiev ease.
03 Mar 2014
DFDS is eyeing further acquisitions to consolidate its position as northern Europe’s largest short sea shipping and logistics group following strong profit growth in challenging market conditions in 2013.
28 Feb 2014
Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $120 per TEU in the week of Feb. 28...
