Freight Rates Are Climbing Fast as Peak Shipping Season Kicks Off Early

Ocean spot freight rates are accelerating at their fastest pace since last June in a sign that the peak shipping season is ...

Ocean freight rates double since March as carriers aggressively squeeze capacity

Freight Right reports ocean freight rates have doubled since March, driven by reduced vessel capacity and tight shipping space, signaling upcoming challenges for importers.
Reuters

Falling ocean shipping rates put carrier profits at risk, analysts say

LOS ANGELES, Oct 3 (Reuters) - A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container ...
CNBC

Middle East ocean freight rates soar on Iran conflict, Strait of Hormuz shipping risks

Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% compared to mid-May, reaching $3,341 per forty-foot equivalent unit. The ...