Tag: Freight Rate

The 2021 peak season is going to reshape the standards for freight spend projections drastically. All major carriers have already ...

Port congestion is an issue that has been plaguing the supply chain industry since middle of 2020 due to the ...

The ocean freight rates announced by the Shanghai Shipping Exchange for North America are US$6,000 per 40 foot from Shanghai ...

FedEx Corp. cut its financial outlook as labor shortages caused expenses to soar in the latest quarter and shipping demand ...

Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam this year, its ...

As container freight rates continue to climb to stratospheric levels CMA CGM has made the decision to suspend all spot ...