Tag: rates

April 9, 2024

The “compelling” tanker orderbook augurs well for freight rates for the coming couple of years, according to multiple researchers. The tanker sector has one of the lowest extant fleet to orderbook ratios, and a minuscule delivery schedule. According to data […]

April 3, 2024

Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year. The Freightos Baltic Daily Index spot rate for […]

April 2, 2018

A U.S. trucking shortage that has pushed up freight costs for everything from cereal to toothbrushes is about to get worse. On April 1, police nationwide began enforcing rules requiring most big rigs to use electronic logging devices to record […]