TagsFreight Rate Surge

Tag: Freight Rate Surge

Shipping freight rates hit all-time high—why the boom won’t fade soon

LONDON: The global shipping industry has reached unprecedented earnings levels, with the ClarkSea Index hitting a historic high of $64,569 per day. This figure...

Asia container freight faces delays due to typhoon, tight capacity

SINGAPORE: Container freight operations at major Chinese ports are gradually restarting after Typhoon Dolphin, but cargo backlogs, vessel delays and tight capacity could continue...

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