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Market Update
July 1, 2024
Market Update July 2024
Currently, long-term rates are below spot rates, prompting carriers to limit their capacity for long-term agreements and use peak season surcharges. Almost all vessels are running at full capacity, driving the surge in rates. Keep reading.
8 Minutes
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Market Update
June 3, 2024
Market Update June 2024
Disruptions like port omissions and congestion hinder equipment planning. The tight equipment stock, particularly in North China, varies daily based on vessel arrivals and empty container discharges. The latest supply chain news for June is here.
8 Minutes
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Market Update
May 1, 2024
Market Update May 2024
We delve into key events and trends impacting the logistics sector. From legal actions following maritime incidents to geopolitical tensions affecting trade routes, we cover a range of topics that could have implications for your business operations.
4 Minutes