The Drewry World Container Index (WCI) dropped 4%, with declines across the Trans-Pacific and Asia-Europe trade lanes. As reported by gCaptain, Trans-Pacific spot rates dropped by as much as 10% despite the typical pre-Chinese New Year demand surge. Analysts warned the seasonal uptick would be short-lived, forecasting a 10% year-on-year drop in container volumes for
The Port of Long Beach concluded 2025 handling a record 9.9 million TEUs, marking the port’s busiest year ever and securing a 48.9% cargo share, according to newly appointed CEO, Dr. Noel Hacegaba. In his inaugural State of the Port of Long Beach address, Hacegaba projected another strong year of performance in 2026. “We project
Oceanfreight container spot rates on Trans-Pacific services have registered significant increases, according to Freightos Head of Research, Judah Levine. Pre-Lunar New Year demand and general rate increases by carriers have pushed prices on the Asia–U.S. West Coast 30% higher than mid-December, while East Coast routes have risen by 20%. The expectation is that the pre-Lunar
U.S import container activity ended the year -0.4% below 2024 levels. U.S. container import volumes in December 2025 rose slightly by 2% month-over-month but fell by -5.9% compared to December 2024, according to the January Global Shipping Report from Descartes Systems Group Looking at December’s year-over-year performance for U.S. containerized imports from the top 10
Shipping traffic through the Suez Canal remains significantly below pre-crisis levels, with activity approximately 60% lower than the same week in 2023, according to BIMCO. As reported by splash247, more than 100 attacks on commercial vessels have occurred since November 2023, impacting global trade routes. Container shipping has been hit hardest. Fourth-quarter 2025 transits were
The Caribbean’s diverse island markets, from smaller states to larger hubs, present unique challenges that require adaptability and expertise. Rachel Matthews, General Manager for the Caribbean, oversees operations in Jamaica and Trinidad & Tobago, two offices which celebrated five years of service in March 2025. Her teams are united in their mission to deliver consistent,
China’s trade surplus exceeded $1 trillion in the first 11 months of 2025. As reported by splash247, despite shipments to the U.S. dropping nearly one-third year-over-year, overall exports were buoyed by increased activity targeting alternative markets. The pivot to other trade partners has had a significant impact on global container flows, with BIMCO observing demand
According to Sea-Intelligence, vessel capacity that used to be absorbed by major trade lanes is now spilling into secondary trade lanes. Alan Murphy, CEO of Sea-Intelligence, said the extra capacity brought on by the Red Sea crisis is “effectively saturating the peripheral trades of the global network”. Sea-Intelligence tracked more than 16,000 vessel transfers across
The International Air Transport Association (IATA) projects global air cargo volumes to increase by 2.4% year-over-year, reaching approximately 71.6 million tonnes in 2026. Cargo revenues are projected to rise 2.1% to $158 billion, up from $155 billion in 2025. According to IATA’s December Global Outlook, air cargo demand will continue to grow, although at a
A recent study by the University of Oxford highlighted the vulnerability of global supply chains to disruptions at key maritime chokepoints. The research examined 24 major chokepoints and estimated that disruptions at critical passages impacted $192 billion in trade annually, resulting in approximately $14 billion in economic losses. “We estimate the economic losses of chokepoint
