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Container Spot Rates Soften as Peak Eases

FBJNA’s Container Market Signals – Spot container freight rates showed their first broad signs of easing this week as early peak season demand moderated and carriers continued restoring capacity, according to weekly market updates from Drewry and Xeneta. Both indexes reported declines on the major Asia-U.S. and Asia-Europe trades, suggesting the sharp run-up in rates triggered by tariff-driven frontloading and Middle East disruption may have peaked, even though prices remain well ... [+]

 The Decision Before the Shipment

Editor's Note by Gary Burrows for FBJNA's July-August issue, available soon There was a time when the logistics decision was relatively straightforward. The cargo was ready. Capacity was available. The rate was acceptable. The shipment moved. Those decisions were never simple, but they were largely transportation decisions. Increasingly, they are not. Today, the questions come ... [+]

Market Signals: Freight indexes Point to Early Peak

EDITOR’S NOTE: Freight Business Journal North America’s Peak Season Forecast 2026 in the July-August issue brings together leading market analysts and logistics executives to examine whether the current freight rally has staying power, the indicators they are watching most closely, and what shippers should expect during the balance of the ... [+]

Iran Seizes MSC Ships in Strait of Hormuz, Xeneta

Iran’s Islamic Revolutionary Guard Corps has seized two container ships operated by MSC Mediterranean Shipping Co. in the Strait of Hormuz, hours after the U.S. and Iran announced an extension of their ceasefire, according to an April 22 market update issued by Xeneta. The vessels, the MSC Francesca and MSC Epaminondas, ... [+]

Box Rates Rise as Disruptions Drive Divergence

Global container shipping rates continued to rise across major benchmarks, but market signals from Drewry and Xeneta point to diverging dynamics between stable capacity on some lanes and tightening conditions driven by geopolitical disruption and congestion. Drewry’s World Container Index for the week of March 19 increased 2 percent week over ... [+]

Xeneta Appoints Jensen as Industry Advisor

Freight rate data provider Xeneta has appointed Bjorn Vang Jensen as executive industry advisor. Jensen brings more than 35 years of experience managing global supply chains across sectors including fast-moving consumer goods, retail, automotive and consumer durables, the company said. In the advisory role, Jensen will support Xeneta’s efforts to help ... [+]

CMA CGM, Maersk Diverge on Red Sea Strategies

CMA CGM will reroute vessels on its FAL 1, FAL 3 and MEX Asia-Europe services around the Cape of Good Hope, reversing a recent return to the Suez Canal and adding fresh uncertainty for North American shippers already grappling with volatile transit times, freight rates and inventory planning. The French container ... [+]

Spot Rate Market Flat Through October, Xeneta

Average container market spot rates from the Far East to U.S. was flat on all five main front-hauls the week of Oct. 31, and remain so against levels seen in mid-October, said Xeneta, the freight rate benchmarking and market analytics platform. Compared to September, average Far East-to-U.S. West Coast spot rates ... [+]

Container Rates See Unexpected Boost, Xeneta

Average container market spot rates from Far East increased 4.3 percent the week of Sept. 18 into both the U.S. East Coast (US$2,374 per 40-foot equivalent units) and West Coast (US$3,317 per FEU), said Xeneta, the freight rate benchmarking and market analytics platform. Prior to the latest uptick, spot rates had ... [+]

Transpacific Rates Continue to Slide, Xeneta

Market average spot rates from the Far East to U.S. West Coast increased 10 percent by mid-month but steadily declined to US$2,264 per 40-foot equivalent units (or FEUs), said Xeneta, the freight rate benchmarking and market analytics platform. Average spot rates from Far East to U.S. West Coast are now down ... [+]

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