Box freight rates dipped to new lows in 2015, says report

Freight rates on the east-west trades experienced “devastation” this year, with new all-time lows recorded on the Asia-Northwest Europe (NWE) and U.S. East Coast…

Rate erosion in Asia-Europe trades quickens

Ocean freight rates continued their decline last week, falling US$$171 to $469 per twenty-foot equivalent unit (TEU) on the Asia-Northwest Europe trade lane, according…

Asia-Europe freight rates still plummeting

Ocean carriers in the red are predicted to encounter even more turbulent waters ahead as freight rates on the Asia-Europe trade lane continue to…

Asia-Europe freight rates jump but sustaining uptick in question—Drewry

Ocean carriers scored big with Asia-Europe spot rate hikes last week after weeks of decline, but Drewry says sustaining that uptrend on a trade…