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The article says inland logistics problems are being exploited by dominant ocean carriers, who own the shipping containers, through detention (failure to return shipping containers) and demurrage (port storage from failure to pick up shipping containers) fees.
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 ...
House overwhelmingly passes Ocean Shipping Reform bill. The legislation received strong bipartisan support, clearing the House on a vote of 364-60.
2 Ιουλ 2024 · Shippers are feeling the effects of the ongoing imbalance through higher freight costs. Rates from Asia to the U.S. West Coast reached $7,052 per forty-foot equivalent unit this week, while rate from Asia to the U.S. East Coast reached $8,253 per FEU, according to a July 2 update from Freightos.
17 Μαΐ 2024 · Ocean freight container spot rates have risen sharply on the world’s top trades since the start of May, prompting speculation that the peak season has arrived early in 2024. What is less clear are the reasons behind these dramatic rate movements.
People can't give space away fast enough from Asia to the US but there are 20' container shortages in Central and south America with prices still double what they were pre-pandemic. Also do you want to sell anyone for delivery in 6 months if the goods have to ship through the black sea?
29 Μαΐ 2024 · May spot prices for ocean shipments from Asia to North America are approaching $5,000 per 40-foot equivalent unit, Freightos reported this week, as Red Sea conflicts and labor uncertainty at East Coast ports affect market dynamics.
