CHICAGO--(BUSINESS WIRE)--Leading real-time supply chain visibility platform FourKites ® and BuyCo, a top-tier container shipping platform, today announced a strategic partnership to provide Fortune ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...