In July, I went out on a limb as seemingly the only one in the shipping industry to predict ocean freight rates could fall by the end of the year. I turned out to be right. YAY! Headlines like [...]
A couple months ago, we blogged about carriers making billions with these high freight rates shippers are being forced to choke down. Well, that was nothing. Wait until you hear this.... If [...]
Freight is an essential part of your business. You need to get your products to your customers, but you rely on various shipping methods to get the job done. That makes freight shipping rates a [...]
It was hoped the high freight rates we've been seeing for about a year now in the international shipping industry would finally start easing back down at this point; however, it appears reprieve [...]
The way ocean freight rates have skyrocketed in 2020 and into 2021, it became expected that the big U.S. shippers – the beneficial cargo owners (BCOs) of the world like Walmart, Target, Best Buy, [...]
Transpacific freight rates, and freight rates in general, were astronomical in 2020, rising and rising until, at last, they reached a plateau around the end of September/beginning of October. [...]
Online shopping is way up. Physical shops and stores around the country have reopened or are reopening. This is the time of year retail typically stocks for holiday shopping, and this year is no [...]
Normally, freight rates increase this time of year during international shipping's peak season when shippers are importing more goods than usual to stock up for the big holiday shopping season. [...]
Two weeks ago, when this blog last checked in on freight rates, they were falling. Massively. This week, transpacific freight rates rise significantly with a wave of General Rate Increases (GRI), [...]
International shipping spot rates are, not surprisingly, falling at the moment. But they have been falling massively.
Freight rate pricing tends to fall after the Chinese New Year as [...]
What kind of freight rates are shippers getting right now on their ocean shipping? The last time we posted on freight rates was in August with a blog titled Freight Rate Wars: Carriers Strike [...]
This year has seen record low freight rates. While freight rate pricing has been increasing, shippers are still paying significantly less than in previous years. World Maritime News reported a [...]
