Every year, the same story plays out. A shipper locks in a rate in March, feels good about their budget, then gets hit with a quote in August that’s nearly double for the exact same lane. The cargo hasn’t changed. The route hasn’t changed. So what happened? Container freight rates aren’t random. They move on…
The Suez Canal return everyone in ocean freight has been waiting for is finally underway, but calling it a full comeback would be premature. CMA CGM committed early and has stuck with it. Maersk and Hapag-Lloyd, sailing together under their Gemini Cooperation, tried once in February, pulled back when fighting broke out between the US…