Ocean freight rates remain high despite low seasonal demand due to increased fuel costs amid ongoing Strait of Hormuz closure ...

Trans-Pacific ocean spot freight rates have kept their foot on the gas in the wake of a rush of imports from China into the U.S. as trade and tariff uncertainty pervades between the countries. On ...

As carriers reduce vessel capacity in the Asia-US trade routes, spot rates have increased for the third consecutive week, marking a return to levels seen in late 2022 and early 2023. Logistics sources ...

Retailers and brands are seeing more relief when it comes to the price of their ocean cargo bookings out of Asia, as spot freight rates remain on a downward spiral. As of Thursday, trans-Pacific spot ...

LONDON, March 31 (Reuters) - Britain on Friday agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade pact based around the Pacific rim, as it seeks ...