Trans-Pacific freight rates hit $9,500
Asia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
Shipping news ports maritime
259 storiesAsia-US container rates surge to $9,500 per unit as Middle East conflict and typhoon disruptions tighten capacity
The 182,066 dwt Cape Falcon refloated on high tide, but investigations and detentions threaten Gladstone’s dry bulk.
Satellite data reveals 81% of attributable oil slicks are linked to vessels, including dark ships evading tracking.
BIMCO warns that accelerated fleet growth could outpace demand in 2027, even as Red Sea routes reopen.
Parallel Systems expands its autonomous battery-electric railcar trials to a 30-mile route in Georgia.
Tender rejections in Houston surged to 10.47% as spot rates jumped 37% week-over-week.
Spot rates soar 40% year-on-year, but carrier margins remain squeezed by fuel costs, warns RXO’s pricing chief.
Spot market load volumes surge 20% year-on-year as AI infrastructure drives flatbed demand to levels unseen since 2008.
Three men face federal charges after $600,000 in stolen goods were recovered across multiple states.
Rescuers recover nine more bodies from the capsized KM Virgo Transport 8, bringing the confirmed fatalities to 28.
The London-based owner has ordered nine newbuildings across five segments, pushing its orderbook to nearly 80 ships.