Market News

CMA CGM, a major shipping line, has announced changes to their rates and surcharges that could impact your bottom line. Here’s the breakdown: Asia to North Europe: Expect to pay more for your freight! CMA CGM raised their FAK rates for all container sizes (20′ and 40′) going from Asia to major European ports (including [...]

The Captain of the Port of Baltimore has announced the opening of the Fort Carroll Temporary Alternate Channel, a new route designed to increase commercial vessel traffic through the port following the collapse of the Francis Scott Key Bridge. Key Points for Businesses and Shippers: Increased Capacity: While temporary, the Fort Carroll Channel provides a lifeline, [...]

Ocean Network Express (ONE) is leading the charge towards a greener shipping industry with the launch of its innovative ONE LEAF+ service. This eco-friendly shipping solution empowers businesses to significantly reduce their environmental impact and meet their sustainability goals. ONE LEAF+: The Key to Sustainable Shipping Reduced Carbon Footprint: ONE utilizes compliant alternative fuels on designated [...]

CMA CGM AIR CARGO, the air freight division of the CMA CGM Group, is poised for significant growth with the launch of a new transpacific route and the addition of several fuel-efficient aircraft to its fleet. Key Highlights: Transpacific Route Launch: CMA CGM AIR CARGO will launch a new route connecting Asia and North America in [...]

Dachser ramps up its air and sea freight offerings with the launch of fixed Less-than-Container-Load (LCL) services between Rotterdam and key Asian destinations. This expansion provides businesses with a more predictable and efficient way to move their cargo. Enhanced Connectivity and Faster Transit Times: Reliable LCL routes: Effortlessly connect your shipments from Rotterdam to major Asian [...]

The recent collapse of the Francis Scott Key Bridge in Baltimore has caused headaches for shippers, but surprisingly, ocean freight container shipping rates haven’t budged. Data from Xeneta, a leading ocean freight intelligence platform, reveals that average spot rates from the Far East to the US East Coast (including Baltimore) have actually dipped slightly (-1%) [...]