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• Rates have dropped for the past three months from their peak in July. But are now picking up again post-Golden Week. • Carriers plan to implement rate hikes in November, but the sustainability of higher rates is uncertain as carriers have not adjusted capacity to match lower demand during the slack season. • Rates remain significantly
Container freight rates oscillated dramatically between January 2023 and October 2024. Freight rates slumped to their lowest level on the 26th of October 2023, when the going rate for a 40-foot...
16 Οκτ 2024 · Ocean Rates: With strong demand and ongoing congestion, mid-month Peak Season Surcharges have pushed up ocean rates significantly this week. Capacity Shifts: High spot rates are attracting long-haul carriers to add transpacific and Asia-Europe services, while regional carriers are entering the transpacific trade for the first time since the ...
Global Shipping Rates. Air Freight. Ocean Freight Shipping. Freight Market Insights. Free Freight Quotes; Compare Rates Now. ... Global Freight Outlook – November 2024. Nov 13 | 9:00. ET. Air cargo’s peak season is getting underway, with rates increasing from an e-commerce-elevated floor. Ocean rates out of Asia have fallen significantly ...
31 Ιαν 2024 · Ocean rate increases, while significant, are nowhere near pandemic surge levels. During the peak of COVID-19 rate increases, rates on 40-foot containers from Asia to North Europe and the Mediterranean jumped to about $15,000, while rates from Asia to North America surpassed $20,000.
28 Ιουν 2024 · In the third quarter of 2021, main container shipping companies had an average operating profit margin of over 56 percent, up from some 3.7 percent just two years earlier.
27 Ιουν 2024 · In total, we forecast that ship demand will grow 14.5-15.5% in 2024 but fall 4.5-5.5% in 2025. Due to the very weak first half of 2023 and an assumed earlier peak in 2024, the ship demand growth will vary quite significantly between quarters.