Lloyd's List • July 29, 2024

This time it’s different: No backhaul box rate upside from Red Sea effect

Backhaul spot container freight rates jumped in Covid era but are stagnant in 2024.

FreightWaves • November 17, 2023

China and global trade: Why stimulus is MIA and risks are rising

The era of rapid Chinese growth and large-scale government intervention is over, says China Beige Book CEO Leland Miller.

FreightWaves • September 18, 2023

For exporters, container shipping still far from pre-COVID ‘normal’

The supply chain crisis is over, but exporters are still paying more — and facing more logistical challenges — than they did before the pandemic.

FreightWaves • August 24, 2023

How much money do shipping CEOs make? Here’s their 2022 pay info

Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.

FreightWaves • June 29, 2023

Shipping faces fallout as China’s post-COVID rebound falls flat

Declining demand for Chinese exports and reduced stimulus options threaten bulk commodity import prospects.

FreightWaves • June 20, 2023

Container shipping divide: Cargo rates weaken, ship rents 'robust'

Trans-Pacific spot shipping rates remain under pressure, slumping back again as U.S. import demand comes up short.

FreightWaves • June 7, 2023

West Coast dockworkers making $200K demand higher pay

Dockworkers who keep West Coast cargo flowing are highly paid. Their bid for even higher pay is starting to affect the cargo flow.

FreightWaves • June 4, 2023

West Coast container ports hit as labor talks take ominous turn

The dockworkers’ union and terminal employers are still sparring over wages and benefits more than a year after contract talks began.

FreightWaves • May 25, 2023

Sun still shines on South America’s container shipping trade

Not all cargo markets are back to pre-COVID “normal.” Container shipping rates to South America remain elevated.

FreightWaves • May 23, 2023

Shipping line fires back at bankrupt Bed Bath & Beyond

Bed Bath & Beyond “failed to manage its own supply chain” and “exacerbated the bottlenecks faced by other shippers,” alleges OOCL.

FreightWaves • May 19, 2023

Container shipping under pressure as peak season hopes dim

Trans-Pacific spot rates have pared earlier gains and remain at loss-making levels. Demand has yet to rebound.

FreightWaves • May 16, 2023

COVID boom not over yet for ‘landlords’ of shipping lines

Outsize profits are still flowing to companies like Danaos and Costamare that lease ships to container lines.

FreightWaves • May 15, 2023

Shipping boom hangover: When measuring markets gets tricky

The container shipping party is over — that’s old news. Yet headlines continue to focus on comparisons to the peak.

FreightWaves • May 8, 2023

US imports up again in April as market mirrors pre-COVID ‘normal’

America’s imports are not signaling a recession, at least not yet. Inbound volumes are rising from the bottom.

FreightWaves • May 1, 2023

Bankrupt Bed Bath & Beyond goes after container shipping lines

Bed Bath & Beyond got pummeled by the supply chain crisis. The company is now targeting shipping lines for allegedly compounding its woes.

FreightWaves • April 17, 2023

Container shipping sees signs of a bottom (at least, for now)

Jefferies’ Omar Nokta believes container shipping investors are starting to look toward “the end of the destock and beginning of the restock.”

FreightWaves • April 11, 2023

US imports bounce back in March despite dwindling China cargo

Although import volumes show signs of a nascent recovery, the inventory overhang remains daunting.

FreightWaves • April 10, 2023

Container lines still up vs. pre-COVID despite fall from peak

First-quarter numbers from container lines OOCL and Evergreen show lingering upside from the tail end of the boom.

FreightWaves • March 20, 2023

Crunch time for trans-Pacific container shipping contract talks

Flexport projects trans-Pacific contract rates will decline around 70% from 2022 levels but still be around 30% above current spot rates.

FreightWaves • March 7, 2023

The Fed’s supply chain pressure gauge just went negative

Supply chain issues are in the rearview mirror for Fed inflation policy, but for importers, there’s still room for improvement.