Mass diversions of container ships around Africa's Cape of Good Hope caused spot rates to surge, but the Red Sea effect has a limit, which may have already been reached. Upward momentum has slackened.

The KOBC Container Composite Index (KCCI), which had risen sharply after the Middle East war, fell for two consecutive weeks.

Global container freight rates have begun to soften as additional vessel capacity enters the market and the surge in demand ...

Lower freight rates made a dent in the top and bottom lines of CMA CGM and ZIM in the fourth quarter, following the trend experienced by container shipping contemporaries Maersk and Hapag-Lloyd. While ...

Inflation has spent much of the past month showing signs of moderation, but investors know the final mile back to price ...

Dockworkers with the International Longshoremen’s Association went on strike at midnight Tuesday, shutting down container freight operations in New York City ports and along the eastern seaboard and ...

Ocean freight rates out of China to the U.S. are still falling after their strong spike in May, and are expected to further decline through the coming months, especially if a projected end-of-summer ...

Intercontinental Exchange (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that it plans to launch four ...

Large container ship Cosco Shipping Lotus docks at a terminal of Lianyungang port in Lianyungang, East China's Jiangsu Province on April 5, 2023. Photo: VCG Shanghai International Energy Exchange (INE ...