Ocean shipping spot rate indexes are still falling. But after months of steep declines, they’re dropping much less rapidly than before. It could be just a temporary plateau before… Read More
Member container shipping companies in the Transpacific Stabilization Agreement have announced an across the board general rate increase (GRI) of $600 per FEU to all destinations.
Reason f… Read More
The recent 40-percent jump in global shipping costs for sending freight goods around the world as measured by the Baltic Dry daily index of shipping costs is thought by many to be an indicat… Read More