Supertanker rates for shipping crude oil have soared to a six-year high, driven by increased Indian demand for Middle Eastern crude and a rush by traders to preempt a potential military conflict ...
Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...
The overall economy is performing better than many people think, but overcapacity in the trucking industry is still keeping freight rates from rising. Among the key takeaways from FTR’s State of ...
Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...
Add Yahoo as a preferred source to see more of our stories on Google. The onslaught of cargo ships redirected away from the conflict-riddled Red Sea seems to be spiking ocean freight rates. Drewry’s ...
Load-to-truck ratios are at their highest since 2022 despite soft demand. RXO's forecast breaks down the supply shock reshaping the freight market.
While Lunar New Year could offer temporary rate support, cargo volumes have yet to show a clear pre-holiday surge. The result ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
During Q2, rates on the trans-Pacific Asia-to-U.S. routes were already rebounding. This month, they saw double-digit percentage increases, though these were admittedly from a low base. Reports ...
Spot rates move with real-time supply and demand; high load-to-truck ratios push shippers to pay more to secure capacity. Contract rates trade flexibility for stability—locking in volume and pricing, ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
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