The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
A sharp rise in demand for air freight tracked by supply chain intel firm Xeneta demonstrates the rising anxiety among companies and shippers about the Red Sea crisis, air cargo volumes on the major ...