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Posts tagged “Container Prices”

 
Ocean freight spot rates rise further 
 
Ocean freight spot rates on major East-West trades have seen further significant rises this week, including double-digit percentage rises on some transpacific and transatlantic lanes, the latest data from Drewry reveals, with further rises expected this week. 
 
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Yantian ‘contagion’ will spread around the world 
 
Long-suffering cargo owners face another wave of pain as the terminal congestion from the coronavirus outbreak in southern China threatens to ripple around the world. 
 
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Asia-North Europe ocean rates 'jump' further 
 
Aside from another “jump” in Asia-North Europe ocean rates, which spiked 15% and US$500 past the US$10,000/FEU mark this week, prices stayed level on most major lanes, according to the latest international freight update published by digital rates specialist Freightos, which incorporates the Freightos Baltic Index (FBX). 
 
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Mid-value products ‘getting priced out’ of ocean freight 
 
A number of significant lower-value commodities such as furniture and large electrical and electronic appliances are becoming ‘priced out’ of major intercontinental ocean freight markets because of the elevated freight rates facing importers currently, new analysis by Sea-Intelligence has revealed. 
 
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Container prices surge in China and India 
 
The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers. 
 
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