India: Crude import bill up 21.4% in April-May
India’s crude oil imports in the first two months of the current fiscal increased by almost 6% to 43.1 million…
Indian shippers brace for wave of carrier charges as capacity suffers
Forwarder sources believe that the upcoming weeks could prove challenging for bookings to the US East Coast, given that ONE’s…
Savannah’s intermodal share moves higher as carriers ‘embrace’ rail
The market share of loads entering or exiting the port’s Garden City Terminal on train has increased from a year…
FBX Index June 2024: Looking forward
In May, the FBX index exhibited a consistent upward trend. The index commenced at $2,409 and concluded at $3,508 by…
Red Sea diversions and slower ports cause bigger-than-expected issues – will they last?
Since early May, shippers, forwarders/NVOs, ocean carriers and ports have experienced a return to capacity challenges, soaring spot freight rates,…