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Meltdown in the Container Shipping Market Continues

November 8, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

Logistics News

Rheinmetall, MSC Take Over Romania’s Mangalia Shipyard in $155M Deal

Rheinmetall, MSC Take Over Romania’s Mangalia Shipyard in $155M Deal

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

Oil Supertanker Rates Drop After Record Highs

Oil Supertanker Rates Drop After Record Highs

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US airlines oppose China’s bid to increase flights
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Increased security at US Fairford Air Base in England