News

Consultancy Linerlytica says it expects container freight rates to fall by 70% over the next 12 months. Nick Savvides | Aug 27, 2024 The analyst commented in its latest report that lines had faile...

A planned strike by Teamsters union members working for national rail freight network CN has been stood down after the Canada Industrial Relations Board (CIRB) imposed binding arbitration. Marcus Hand | ...

A second CMA CGM ship in a month, the CMA CGM Belem. has suffered a container stack collapse while transiting the Cape of Good Hope in severe weather conditions. Marcus Hand | Aug 18, 2024 The...

Spiralling rates and volumes not seen since the heady days of the pandemic have seen an early peak season which consultancy Xeneta says has cost shippers dearly. Nick Savvides | Aug 09, 2024 X...

The spike in spot container freight rates has flattened off over the last week. Marcus Hand | Jul 12, 2024 The Drewry World Container Index (WCI,) which has been seeing double-digit percentage...

The latest container rate updates show Asia-Europe leading a continuing rise in box rates, with congestion in Asia expected to bring further increases. Gary Howard | Jun 21, 2024 Drewry’s Worl...

Detention and demurrage (D&D) handled by the Federal Maritime Commission (FMC) in the US have trebled since the pandemic and are set to reach historical highs by the end of the year. Nick Savvides | ...

Spot container freight rates have continued to increase sharply in the last week powered by the Red Sea crisis, increased demand, and supply disruption fears. Marcus Hand | The Drewry World Co...

MSC is extending its Brazilian port coverage from locations in Asia with a new service. Michele Labrut | Jun 10, 2024 The new weekly Carioca service connects Asia and South America East Coast ...

The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets in preparation for an elongated peak...