Tag: surge

UK faces surge in cheap imports as EU eliminates duty-free access

The UK could become a dumping ground for low-value imports come July, prompting industry leaders to urge the government...

Confluence of factors drive trans-Pacific volume surge, space crunch

When tight capacity meets unexpected volumes, price elasticity goes wild as container lines have learned from the pandemic to...

Iran Conflict and Peak Season Drive Ocean and Air Freight Rate Surge

Negotiations between the United States and Iran aimed at reaching a final peace deal are ongoing, even as military...

Container Freight Rates Surge to Highest Levels Since 2022 Pandemic Peak

Container spot freight rates experienced another weekly surge, elevating global benchmarks to levels not seen since the 2022 pandemic-era...

Ocean rates surge on India-Europe trade as capacity tightens

‘Acute’ truckload capacity shortage seen pushing up LTL demandAs truckload capacity in the US gets tighter and rates move...

Asia-US spot rate surge continues as retail restocking enters the mix

The US retail inventories-to-sales ratio in April fell to its lowest in more than three years as the market...

MSC to resume India-USEC service amid fresh booking surge: sources

The carrier announced a month ago it was pulling its Indus Express loop, but new demand and sharply higher...