Port Everglades sets May/June cargo records
Everglades exceeded its record May and June cargo volumes thanks to new ocean shipping services from India, Turkey and Greece.
Comunale develops first Class A spec industrial project in Fort Collins since 1990s
Denver-based Comunale Properties has announced the completion of two pre-leases at its Mulberry Connection development, the first speculative Class A industrial project built in Fort…
MSC PSS decrease - scope: Turkey to US West Coast
Decreased PSS amount per CTR, from Turkey to USWC, effective July 21st, 2022 (last container gate in full date), applicable to all equipment types.
US chemicals industry testifies before ITC on continued harm caused by Section 301 tariffs
The American Chemistry Council (ACC) testified today before the United States International Trade Commission (ITC) as part of the ITC’s factfinding investigation into the “Economic…
Xeneta real-time container rates update: week 29
Long-term rates “through the roof” for trades into New Zealand and Australia, with some contracts up over 400% since 2019
WorldACD: Air cargo trends for the past 5 weeks (wk 28)
In week 28 (July 11 - 17), worldwide chargeable weight decreased by -5% compared with the week before, and the average worldwide rate decreased slightly,…
Ships that hauled Iranian oil are switching to Russian crude
Oil tankers that previously carried Iranian oil are switching to haul Russian crude, according to shipping analytics company Vortexa.
China facing competition for its favorite Russian oil from India
India has ramped up purchases of crude from Russia’s far east, a grade that’s typically favored by Chinese oil refiners.
Port of Rotterdam total throughput slightly higher despite declining trade with Russia
• 0.8% more cargo than in first half of 2021 • Russia: container volume halted, declining volume of coal, LNG and oil • Increase in…
Dramatic retreat in spot rates in line with Shifl’s early predictions
In line with the early indications from SHIFEX, the Freight Rate Index by Shifl, freight rates on the main Trans-Pacific trade lanes have fallen in…
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