ZIM Warns of Weak Peak Shipping Season as Freight Rates, Volumes Slide
Count ZIM as another logistics bellwether that indicates this year’s peak shipping season will leave much to be…
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,…