Managing the price risk in shipping containers has become paramount as cargo owners look to hedge the cost of freight, which can account for up to 20% of cargo value. New freight futures contracts ...
Traditional trade routes, particularly the Asia to Europe route, are experiencing more frequent disruptions. The volatility in the container freight market looks set to continue considering the number ...
The Federal Maritime Commission (FMC) has begun releasing Containerized Freight Statistics (CFS) data, which is submitted by ocean common carriers as mandated by the Ocean Shipping Reform Act of 2022.
SINGAPORE, Nov 18 (Reuters) - Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in ...
A view of the Yangshan Port in Shanghai. [Provided to China Daily] The Containerized Freight Index (Europe Service) futures contract, which started trading on the Shanghai International Energy ...
NINGBO, Sept. 5 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI), a wind vane of China's busiest port's freight rates for the international container shipping market, stood at 3,862.6 ...
Ocean freight rates out of China to the U.S. are still falling after their strong spike in May, and are expected to further decline through the coming months, especially if a projected end-of-summer ...
A view of Shanghai's Yangshan Port in East China, Jan 1, 2022. [Photo/Xinhua] China's index of export container transport fell in the week ending on Sept 23, according to the Shanghai Shipping ...
Sea shipping freight costs have seen a sharp drop in China since June, resulting in an increase in foreign orders to Chinese traders, the Global Times has learned from industry insiders. Observers ...
Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the ...
NINGBO, Sept. 25 (Xinhua) -- The China Ningbo Containerized Freight Index (NCFI), a wind vane of China's busiest port's freight rates for the international container shipping market, stood at 4,165.1 ...