Global ocean container bookings have also seen a significant decline, falling 18.4% between March 30 and April 8. Current booking levels are now running 13% below those seen in 2024, a reversal ...

CNBC has learned that logistics managers were quoted this morning an ocean freight rate of $10,000 per 40-foot container from Shanghai to the U.K. Last week, rates were $1,900 for a 20-foot ...

LONDON – Spot ocean container rates actually fell this week, representing their first decline seen since they began to soar in early May. Spot rates fell 2% this week to an average of $5,806 per ...

Ocean container rates on U.S. trade lanes are drifting with the tides as shippers and carriers sweat chaotic trade negotiations and a looming tariff deadline that could again change the calculus ...

CNBC has learned that logistics managers were quoted this morning an ocean freight rate of $10,000 per 40-foot container from Shanghai to the U.K. Last week, rates were $1,900 for a 20-foot ...

LONDON – Spot ocean container rates increased 9% this week to $1,661 per 40-foot container, putting them once again at levels much higher (+17%) than they were pre-pandemic. According to Drewry’s ...

Creation of Lake Michigan’s first international container terminal serving the Chicago area is underway since CBP officials approved a Ports of Indiana-Burns Harbor plan.

Lost container contents don’t have to be toxic to wreak havoc. In February, the cargo ship President Eisenhower lost 24 containers off the central California coast.

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