Average cargo container prices have declined more than 50 percent from last August, as China containerized trade volume picked up, according to an analysis published Thursday by Container xChange, a ...
Falling container demand and consumer spending could have a disproportional impact on Europe during the August-to-October peak season, especially now the German economy is officially in a recession.
Middle East conflict keeps freight rates volatile as rerouting, port congestion and Panama Canal premiums raise shipping costs ...
Drewry WCI rises 12% to $2,553 as Shanghai-Genoa rates jump 20%. Find the latest news from the maritime industry on the PortNews website.
Drewry’s World Container Index of 21 May 2026 recorded a 6% weekly rise in the composite ocean freight rate, to $2,712 per ...
A 2025 drop in global container shipping volume would be third since 1979, Drewry said If two-thirds of current U.S. tariffs remain in place, U.S. imports from China could fall 40%, Drewry said U.S.
That didn’t take long. Container freight rates out from China to the United States are surging after the trading partners agreed to pause tariffs. Freight rates from Shanghai to New York surged 19% or ...
Beijing’s Ministry of Transport has sanctioned MSC, CMA CGM and Hapag-Lloyd over discrepancies between declared rates and ...