Author: Shipco News Desk

Newsletters

Strong Trans-Pacific Performance Contrasts with Softer Asia-Europe Market

According to reporting from The Loadstar, Trans-Pacific freight rates are expected to remain firmer than Asia-Europe rates, supported by resilient U.S. import demand, while weaker European growth continues to weigh on volumes and pricing. The strength of the U.S. market has been reflected in port volumes handled, with the twin ports of Los Angeles and

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Newsletters

Schedule Reliability Falls for Fourth Consecutive Month as Asia Port Congestion Continues

Global container shipping schedule reliability deteriorated further in September as congestion across key Asian gateways continued to affect vessel schedules resulting in delays. According to Xeneta data, this was the fourth consecutive month of declining schedule reliability with only 27% of container vessels arriving on time, while average delays increased to six days. Asia-related trades

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Newsletters

Strong Demand and Rising Costs Keep Airfreight Market Firm | ShipcoViewpoint

Global air cargo rates continued to strengthen in September, supported by steady demand and higher operating costs as the market moves into the traditional peak shipping season. According to reporting from Air Cargo News, the Baltic Air Freight Index recorded another week-on-week increase, with global airfreight rates more than 20% above year-ago levels. Market activity

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Newsletters

Trans-Pacific Container Freight Rates Rise while Asia-Europe Under Pressure

Container freight markets are moving in different directions across the major East-West trade lanes, according to reporting from Splash247, citing data from Clarksons Research and Xeneta. Trans-Pacific trades continue to outperform, supported by resilient consumer demand and disciplined capacity management. Xeneta reported that while carriers have added capacity on the Far East-U.S. East Coast corridor,

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Newsletters

Ocean Freight Rates on Asia-U.S. Trades Close to Record Levels

According to Xeneta’s container shipping market update released on September 18, container spot rates from the Far East to the U.S. West Coast and U.S. East Coast have increased 324% and 325% respectively since the end of February. Xeneta Chief Analyst Peter Sand noted that rates are now just 18% and 11% below the record

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Newsletters

WSC Calls for Greater Transparency in Lithium Battery Shipments | ShipcoViewpoint

The World Shipping Council (WSC) is urging governments to review regulations that allow certain lithium battery shipments to move through supply chains without being formally identified as dangerous goods. The WSC’s proposal comes amid rapid growth in lithium battery production and transportation, coupled with ongoing concerns about cargo fires at sea. Data from the International

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Newsletters

Imports Drive Record-Breaking 2.9 Million TEUs at Port of Los Angeles

The Port of Los Angeles recorded its three strongest consecutive months on record, handling more than 2.9 million TEUs between June and August. Import activity has remained strong throughout the summer. Port of Los Angeles Executive Director, Gene Seroka observed “resilient consumer demand, early holiday shipments, and a broad mix of cargo” which are driving

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Articles

Shipco Insights | Why Freight Forwarders Need a Neutral Global NVOCC Network

Global reach is easy to state but difficult to achieve. For a freight forwarder, “coverage” truly matters when reflected in execution. Coordination by the origin team keeps cargo moving on schedule, while follow-up at destination prevents delays after arrival.  Combined with clear escalation points when changes occur during transit. In every instance, the NVOCC partner

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