A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. The beginning of peak shipping season, coupled with the ...

Shipping analysts say ocean freight traffic is poised to remain at a high level through the end of the year; containers could become scarce in North America. Consulting firm Xeneta says in part “there ...

Ocean freight container shipping spot rates are set to exceed the level seen at the height of the Red Sea crisis when the latest round of increases hit the market on June 1, according to the latest ...

A gradual return to the Red Sea route after long detours around the Cape of Good Hope is the key thing to watch for in container shipping next year. That return would first lead to congestion in ...