Theoretically, ocean container rates could keep rising until shipper margins are erasedSpot ocean container rates are up triple digits year on year, ergo they must be near their peak. They’re...
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Sea Cargo Chaos Intensifies In The Summer Of Sold-Out Ships
By Brendan Murray (Bloomberg) Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are exhausting...
The Forgotten Shipping Pallet Stages a Pandemic-Era Rally
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic.After carrying the weight of the global economy since World War II with little fanfare,...
Hot sea cargo market quadruples prices for used container ships
A variation on that buy-low, sell-high strategy is exactly what some container shipowners are opting to do, capitalizing on a hot ocean freight market that shows few signs of cooling...
Why does the current container shortage happen?
Are you having problems booking shipments these days? Scarce slots and high shipping rates are causing you headaches? Almost all industries around the globe are currently suffering from the same...