Ocean rates fall for fifth straight week
Drewry’s World Container Index (WCI) tracking ocean freight rates declined 2.6% this week, marking the fifth consecutive week…
June produces mixed freight trends, recovery remains ‘elusive’
Freight volumes remained pressured in June, but expenditures stepped higher again on a year-over-year comparison. Uncertainty around trade…
Tariff pauses ‘unlikely’ to halt tumbling trans-Pacific rates: Freightos
Global shipping continues to experience significant fluctuations, influenced largely by the U.S. tariff strategy involving numerous trading partners,…