When we first started reporting on global freight costs in Q4 last year, we expected that the pandemic bounce-back would probably be a relatively short-term effect, easing around the Chinese Lunar New Year. Around then, Chinese manufacturers closed down and the shipping industry had a chance to catch up on backlogs. Unfortunately, in the meantime, […]
Tag: shipping rates
Have Asia-US, Asia-Europe container rates peaked?
Shipping lines have understandably come in for a huge amount of criticism over a doubling of ocean freights — in many cases, much more — over the last 12 months and a host of knock-on issues around container availability and vessel space. Shipments have been delayed both at origin in Asia and at destination in […]
Shipping Rate Rises Pose a Risk to Trade
Back in 2016, after nearly 30 years of asking, the International Maritime Organization (IMO) — the U.N. body that polices the marine industry — finally succumbed to collective outrage and announced a change to take effect from 2020 leading to an effort to clean up ship pollution. Need buying strategies for steel? Try two free […]
