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Container traffic slows as Asia–Europe volumes lose momentum

Global container traffic lost momentum at the start of the fourth quarter as the Asia–Europe trade weakened after months of strong gains. According to Container Trades Statistics, worldwide liftings rose by only 2.1 per cent in October to 16.26…
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Exchanges prepare futures trading in container freight rates

European and US exchanges are preparing futures contracts linked to container freight rates, with trading expected to start next year. The instruments are intended to allow shippers, forwarders and carriers to hedge transport costs without committing…
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Singapore tops global port-performance ranking

A new assessment by DNV, the global classification and assurance group, and Menon Economics, an independent analytics firm, puts Singapore first in the inaugural “Leading Container Ports of the World” report. The study assessed 160 ports using 35…
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Sea freight forwarders leave up to 5 per cent margin on the table

New analysis from Ontegos Cloud indicates that forwarders are failing to capture 3 to 5 per cent in gross-margin improvements. The shortfall stems from routine operational gaps: incomplete billing, pursuit of volume over profitable tradelanes,…
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