FREIGHT NEWS

Japan’s container volumes decrease for four consecutive months
Japan’s container volumes decrease for four consecutive months

Oceangoing containers to and from Japan's six major ports totaled 1.13 million TEUs in July, which slid 8.7% from the corresponding month of the previous year and have registered a year-on-year decrease for four consecutive months.

CN analysis: Demand pressure continues to stall rate recovery on trades out of India
CN analysis: Demand pressure continues to stall rate recovery on trades out of India

With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News.

Port of Oakland sees lower box volumes
Port of Oakland sees lower box volumes

Container volume at the Port of Oakland fell in August compared to the same month last year with the Californian port handling 135,253 TEUs, down 13.1% year-on-year.

Asia-North Europe rates sinking again as GRIs 'run out of steam'
Asia-North Europe rates sinking again as GRIs 'run out of steam'

Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China.

Freight rates lose gains after three weeks
Freight rates lose gains after three weeks

Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.

CMA CGM enhances FAL 1 service
CMA CGM enhances FAL 1 service

French ocean carrier CMA CGM has announced the extension of its FAL 1 service into Poland. The Marseille-based company said the first sailing Westbound from Asia will be on 10 August ex Pusan with CMA CGM Jacques Saade with an estimated time of arrival (ETA) at Gdansk on 5 October.

CMA CGM exceeds US$12 million in second quarter revenues
CMA CGM exceeds US$12 million in second quarter revenues

French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These figures represent huge year-on-year decreases over the previous record year for the container lines when CMA CGM achieved US$19.5 billion in revenue and US$7.6 billion in profit.

HHLA lowers forecast for current financial year
HHLA lowers forecast for current financial year

German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) is adjusting its forecast for the current financial year based on preliminary figures for the first half of 2023.


Showing 33 - 40 / 350 Result(s)

main.add_cart_success