Ocean Freight Rates | Nov. 2, 2023
Air Freight Rates | Nov. 2, 2023
October 2023
“Four of the five largest liner shipping companies have their historical roots and headquarters in Europe, and together they account for roughly half of the global container fleet.
This is a great legacy and a big asset at the same time. And it also means that Europe needs to set the stage – and be in the driver’s seat – for our industry’s energy transition.”- Rolf Habben Jansen, CEO of Hapag-Lloyd AG
FREIGHT MOVEMENTS
The spot market from North Europe to the US East Coast continues to weaken and lackluster attempts by carriers to withdraw capacity are having little effect on balancing supply and demand, per the Journal of Commerce
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