Full imports down 17.4%, full exports down 12.3%, but port congestion eases Oakland, Calif. – The Port of Oakland’s container…
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Container freight rates will hit bottom in mid-2023 according to HSBC
The bank updated its forecast a little over a month ago, in which it estimated that the decline would continue…
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Container freight rates will hit bottom in mid-2023 according to HSBC
The fall in container freight rates, now almost in free descent (-6% is the average drop in their value recorded…
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Xeneta real-time ocean freight update: week 31
Ocean freight capacity and volumes continue US West to East coast shift, with port congestion following suit Xeneta’s latest market…
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Port of Tanjung Pelepas to use AI to improve efficiency
The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, has entered…
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Port of Oakland volume declines as Shanghai struggles
China’s COVID crackdown hampers Oakland’s cargo flow Oakland, Calif. – Port of Oakland cargo volume is down in 2022, a…
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