Latest News | LE TRANS - Beyond The Lines - Your Freight Hunter

Container spot rates fall marginally, long-term keep climbing
Container spot rates fall marginally, long-term keep climbing

The last week has seen a marginal decrease in spot container freight rates, however, long-term rates are up more than 90% year-on-year.

Port congestion causing global trade to stagnate
Port congestion causing global trade to stagnate

Congestion at major container freight ports this month has disrupted shipping operations and is leading to stagnation in global trade, Kiel Trade Indicator data shows.

Ports of LA/LB to extend gate hours in bid to reduce congestion
Ports of LA/LB to extend gate hours in bid to reduce congestion

The Ports of Los Angeles and Long Beach are expanding operating gate hours for trucks at weekends and night-time as the two ports try to tackle a surge in imports and unprecedented congestion.


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