Market News

International Container Shipping and Logistics Market Update: Week 48 of 2023 Week 48 of 2023 witnessed a stabilization in the global container freight rate index according to Drewry, maintaining at USD 1,382, a 40% decrease compared to the same period last year and 3% lower than the 2019 pre-pandemic average (USD 1,420). Asia – North [...]

In 2023, the Vietnamese Freight and Logistics market is estimated to be valued at 45.19 billion USD, with expectations to rise to 65.34 billion USD by 2029. This growth reflects a compound annual growth rate (CAGR) of 6.34% from 2023 to 2029. The logistics sector plays a vital role in Vietnam’s economy, especially as the [...]

In 2023, the Vietnamese Freight and Logistics market is estimated to be valued at 45.19 billion USD, with expectations to rise to 65.34 billion USD by 2029. This growth reflects a compound annual growth rate (CAGR) of 6.34% from 2023 to 2029. The logistics sector plays a vital role in Vietnam’s economy, especially as the [...]

At the end of November 2023, the Logistics market on Asian routes experienced unusual price increases. The European region faced delays due to the impacts of war, while North America saw a sluggish recovery. This posed challenges for shipping brands in balancing supply and demand, adjusting ship capacity, and offering competitive freight rates 3A Logistics [...]

At the end of November 2023, the Logistics market on Asian routes experienced unusual price increases. The European region faced delays due to the impacts of war, while North America saw a sluggish recovery. This posed challenges for shipping brands in balancing supply and demand, adjusting ship capacity, and offering competitive freight rates 3A Logistics [...]

China is leading in rate hikes, with an 11.5% increase in Hong Kong compared to the previous week, although it has decreased by 2.2% compared to the same period last year. Air freight rates from Shanghai have also risen by 5.3% from the previous week, despite a 1.3% decrease compared to the same period last [...]