Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...

Global freight markets remain volatile—but what is driving demand and shaping trade flows in 2026? In this exclusive ...

Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...

'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...

Less than a year after U-Ocean, the oceanfreight arm of global freight forwarder the U-Freight Group (ufl) launched scheduled oceanfreight export consolidation services from New York, Chicago and Los ...

The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face of a volatile market. Stanley Smulders, Director of Marketing & Commercial at Ocean ...

If the latest decrease in rates holds, it would provide some relief for U.S. shippers who have seen ocean freight rates from the Far East to U.S. increase in a general range of 146% (East Coast) to ...