Container Freight Rates Soar as Q3 Shapes Up to Be Historically Profitable

Collage depicting various aspects of the global shipping industry, including rising freight costs, container ships at port, gas grills in a warehouse, a control room with digital maps, and a container ship navigating rough seas.

As the global shipping industry navigates through 2024, container freight rates continue to climb, setting the stage for what could…

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Global Shipping Heats Up: Spot Rates Surge as Demand Outpaces Capacity

Container price Spike May 2024

The global shipping industry is experiencing a red-hot streak, with spot box prices skyrocketing to levels reminiscent of the early…

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Is the Transpacific Shipping Bubble About to Burst? A Look at 2024 Contract Rates

Transpacific Trade, Carrier Negotiations, Spot Rates, Contract Pricing, Supply Chain Management, Ocean Freight, Container Market, Shipping Rates, Supply Chain, US Imports

The dust is settling on the first batch of transpacific container shipping contracts for the May 2024 – April 2025…

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