Freight Rates News

 

DataMondial Launches AI-Driven Service for Processing Ocean Freight Rates

Apr 15, 2025

DataMondial, a player in the world of data and document processing, announced the launch of its latest service: an AI-powered robotization system for processing ocean freight rates. This new service is designed to help logistics providers manage…

BIMCO: Freight Container Rates Drop 28%, Worst First Quarter in Twenty Years

Apr 02, 2025

Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…

Black Sea Shipping Rates Soar 20% as Reinsurers Cut Cover

Jan 06, 2023

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year, reflecting higher war risk insurance rates, industry sources said.The Black Sea is crucial for the shipment of grain…

Logistics News

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

Port Everglades Signs 10-Year Lease Agreement with Everglades Company Terminal

Port Everglades Signs 10-Year Lease Agreement with Everglades Company Terminal

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

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