Drewry says ocean freight rates rose to their highest level since September 2024 as importers replenish lower inventories and ...
Ocean spot freight rates have risen at their fastest pace in nearly a year, approaching 2025 peak levels as an early shipping season tightens capacity.
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Oil and gas crisis likely to surge as freight rates likely to increase for India-bound oil tankers
A severe shortage of vessels has developed in the region. Consequently, the freight rate for a large oil tanker bound for ...
Spot rates are expected to climb for another four weeks and many vessels are full until at least July, per Xeneta.
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Shippers are urgently frontloading orders in an effort to move freight before fuel surcharges, tariff changes, and ...
By Lisa Baertlein LOS ANGELES, June 10 (Reuters) - The cost of shipping a container of goods from Asia to the United States ...
A supertanker has been provisionally booked to transport oil from the Persian Gulf to India at a rate equivalent to almost ...
Genco Shipping has strong operating leverage to freight rates, with earnings closely tied to dry bulk cycles and spot market exposure. Freight rates may see near-term support from geopolitical ...
Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...
FedEx Freight said on Thursday it expects revenue for the seven months to December 31 to rise 4% to 6% and adjusted operating income to grow between 0.8% and 7.5%, weeks after completing its ...
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