Carriers abandon February rate hike plans and add more blank sailings as pre-LNY volumes fail to materialize.

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...

DHL's Global Forwarding update shows mixed operating conditions across MENA ports in 2026, with stability at Gulf hubs and ...

Mrs. Bectors Food Specialities Ltd, one of India's leading manufacturers of premium biscuits and bakery products, has ...

Less than a year after U-Ocean, the oceanfreight arm of global freight forwarder the U-Freight Group (ufl) launched scheduled oceanfreight export consolidation services from New York, Chicago and Los ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...