Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.

Not a subscriber? Apply online today. Meanwhile, Xeneta Shipping Index reports that long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year.

Not a subscriber? Apply online today. Global ocean carriers reached the top of the bullish market in 2022 by realizing high profits largely due to tight capacity and exceptionally high container rates ...

Oceanbird is a massive sailing cargo ship designed to reinvent sustainable ocean shipping and reduce transatlantic travel emissions by 90%. The Swedish collaborative project is still in its sea trials ...

Freightos, the freight booking and payment platform, launched its WebCargo Rate & Quote Ocean capability, allowing freight forwarders to manage rates, quote, and book freight on a single digital ...

The Federal Maritime Commission‘s expanded powers have led to more penalties for ocean carriers. The FMC, which investigates excessive charges and contract breaches by ocean carriers, resolved 36 ...

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Container rates have soared as high as $10,000 amid the Houthi attacks in the Red Sea, but new data shows that ocean carriers are reducing freight rates from China to the U.S. West Coast, contrary to ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. An American Airlines jet is parked at a gate while passengers and cargo are handled. Air ...

Designing an electric cargo ship isn’t as easy as making an electric car—and until recently, most experts would have argued that battery-electric ships weren’t feasible for traveling across oceans. A ...