Severe winter weather across Europe is causing significant disruption, prompting major carriers to issue industry-wide congestion warnings. Forecasts indicate that another significant winter storm event is likely in the coming week. According to recent advisories from Maersk, persistent storms and heavy snowfall across South-West and Western Europe have led to terminal closures, reduced productivity, and
Carriers are moving to correct a capacity oversupply on major East-West routes, rolling out blank sailings after the anticipated demand ahead of the Lunar New Year failed to come through. According to Drewry, carriers have announced 103 blank sailings out of 704 scheduled departures, representing 15% of planned sailings between February 2nd and March 8th.
The 27-nation European Union (EU) and India signed a free trade agreement on January 27, 2026, concluding nearly two decades of negotiations. The deal brings together two economies that represent a combined market covering 2 billion people and 25% of global GDP. “The EU and India make history today, deepening the partnership between the world’s
Differing carrier strategies for Red Sea transits are intensifying uncertainty on Asia–Europe trade routes, driving spot rates on major lanes lower for the second straight week, Drewry reports. Some carriers have begun cautiously reintroducing services via the Suez Canal while others are pulling back. According to Drewry’s January 22nd World Container Index update, Drewry noted
Global air cargo demand has started 2026 on a strong note. According to recent WorldACD data, tonnages in the first full week of January were up 5% year on year, with the strongest growth originating from Middle East & South Asia, followed by Asia‑Pacific and North America. Recent reporting from Air Cargo Week highlighted increasing
The Port of Los Angeles (POLA) handled 10.2 million TEUs in 2025, securing its third‑best year on record, and its 26th consecutive year as the busiest U.S. container port. This milestone was highlighted by Executive Director, Gene Seroka, during the Port’s 11th annual State of the Port event. Addressing industry, labor, and community leaders at
Shanghai, Singapore, and Ningbo-Zhoushan have retained their positions as the world’s top three container ports by throughput in 2025. The Port of Shanghai consolidated its position as the world’s busiest container port, handling 55.06 million TEU, a 6.9% year-over-year increase. This marks the port’s 16th consecutive year at the top. Port operator, Shanghai International Port
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
