Global Container Shipping Rates Drop Amid Market Slowdown

Global Container Shipping Rates Drop Amid Market Slowdown

Container shipping market freight rates are plummeting, with HSBC predicting a potential bottoming out at 2019 levels by year-end. Shipping companies like Evergreen have already renegotiated freight rate terms with shippers. A combination of factors, including capacity recovery, weak demand, and geopolitical issues, poses challenges for container shipping companies. They need to actively adjust strategies to address market risks and ensure supply chain stability. The sharp decline highlights the volatility and complexities within the global shipping industry.

01/05/2026 Logistics Industry Insights
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UPS Faces Port Delays Higher Costs in Supply Chain Crisis

UPS Faces Port Delays Higher Costs in Supply Chain Crisis

Port congestion at Los Angeles and Long Beach is slowing down UPS package flows, which UPS is addressing through measures like air freight upgrades and technology enablement. Automation is becoming an industry trend, but freight rate increases are inevitable. Businesses need to build more resilient supply chains, and consumers may have to bear higher costs. The congestion highlights the ongoing challenges in global logistics and the need for proactive strategies to mitigate disruptions and maintain efficient delivery networks.

01/19/2026 Logistics
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Shippers Protest BNSF Rates Amid Acquisition Cost Concerns

Shippers Protest BNSF Rates Amid Acquisition Cost Concerns

The hearing on BNSF's acquisition premium has sparked controversy, with shippers questioning its inclusion in cost calculations, which they claim inflates freight rates. The Surface Transportation Board (STB) ruling on this matter could significantly impact BNSF's rates and the broader rail freight market. Shippers argue that including the premium unfairly burdens them with costs unrelated to service. The STB's decision will likely set a precedent for future rate disputes and influence the competitive landscape of rail transport.

01/22/2026 Logistics
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US Trucking Industry Faces Overcapacity Rate Volatility in September

US Trucking Industry Faces Overcapacity Rate Volatility in September

The US freight market in September presented a complex scenario of declining volume and rising prices. Dry van and refrigerated freight volumes decreased, while flatbed volumes saw a slight increase. Spot rates edged up, while contract rates remained stable or slightly decreased. Experts attribute the rate increase not to demand, but to capacity imbalances, suggesting a potentially subdued peak season. Small carriers may benefit from rising backhaul rates, but long-term adaptation to market changes is crucial.

01/19/2026 Logistics Industry Insights
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AFS Expert Highlights Key Trends in Freight Logistics Future

AFS Expert Highlights Key Trends in Freight Logistics Future

This episode of the 'Logistics Management' podcast features Tom Nightingale, President of AFS Logistics, providing an in-depth analysis of the freight market. Discussions cover peak season outlook, capacity rate analysis, nearshoring trends, and the impact of the Baltimore incident. The podcast offers valuable insights for businesses seeking to optimize their supply chains and navigate current market challenges. It provides expert perspectives on key factors influencing freight logistics and helps companies make informed decisions to improve efficiency and resilience.

01/21/2026 Logistics Industry Insights
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North Macedonia Freight Forwarders Seek IATA Accreditation Clarity

North Macedonia Freight Forwarders Seek IATA Accreditation Clarity

This article provides a detailed interpretation of the requirements for applying for IATA freight forwarder accreditation in the Republic of North Macedonia. It covers the application material checklist, application process, key considerations, and secrets to improve the success rate. The aim is to assist freight forwarding companies in successfully obtaining IATA certification, entering the North Macedonian market, seizing opportunities, and achieving future success. This guide offers practical insights for navigating the IATA accreditation process in North Macedonia.

01/26/2026 Logistics
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Guide to Russian IATA Cargo Agent Certification

Guide to Russian IATA Cargo Agent Certification

This article provides a detailed interpretation of the requirements for applying for IATA freight forwarding accreditation in Russia. It covers accreditation types, application locations, application types, language requirements, and mandatory prerequisites. Furthermore, the article reveals crucial details to be aware of during the application process, offers secrets to improve the success rate, and provides ongoing maintenance advice after accreditation. The aim is to assist companies in successfully entering the Russian freight market by navigating the IATA accreditation process effectively.

01/26/2026 Logistics Encyclopedia
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Maritime Trade Key Insights on Charter Party Fixture Notes

Maritime Trade Key Insights on Charter Party Fixture Notes

This article provides an in-depth analysis of the key clauses of a Fixture Note, including vessel information, owner details, cargo description, laycan, loading and discharging ports, freight rate, deposit, loading/discharging rate, demurrage, and other relevant matters. It also offers important considerations for signing a Fixture Note, aiming to help readers better understand charter parties, reduce maritime transaction risks, and achieve their shipping objectives. The analysis focuses on practical implications for navigating the complexities of chartering agreements.

09/26/2025 Logistics Encyclopedia
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Current Status and Trend Analysis of Air Freight Prices in Zhengzhou

Current Status and Trend Analysis of Air Freight Prices in Zhengzhou

The air freight prices in Zhengzhou will take effect on July 16, 2025, with a rate of 145 yuan/kg for general cargo to multiple destinations. The costs vary based on weight, with a minimum charge of 31 yuan/kg and a maximum reduction to 28 yuan/kg. Air freight prices may fluctuate due to changing market demands. To ensure the smooth transport of goods, customers should confirm specific pricing with customer service in advance to make informed logistics decisions.

07/22/2025 Logistics
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