Box carriers’ September GRI bid fails as freight rates plunge further

September proved to be a “terrible” month for the container shipping industry, according to a recent analysis by Freight Investor Services (FIS). Rates fell…

Cards stacked against attempts at freight rate hikes, says report

Shipping lines face a big struggle against strong headwinds ahead as their efforts to raise freight rates will continue to be rebuffed, according to…

Hong Kong shippers forecast bleak global market in Q4

Hong Kong shippers see a bleak global container shipping market in the last few months of 2011, as rates fell about 50 percent in…