#freight-surge
(6 articles)Canadian Oil Reroutes Away from California Amid Freight Surge
Canadian crude oil producers are routing shipments away from traditional California stops as freight transportation demand surges across North America. This routing shift reflects broader adjustments
Ocean Freight Rates Jump 300% in 5 Months, What's Driving the Surge
Ocean container freight rates have experienced a dramatic 300% surge over a five-month period, representing one of the most significant cost increases in recent shipping history. This extraordinary sp
Korean Exporters Absorb Shipping Surge: 33% Face Full Cost Hit
A significant proportion of South Korean exporters, approximately one-third, are absorbing the full impact of logistics cost surges rather than passing them to customers, according to reporting from S
Maersk Lifts Earnings Outlook as Freight Demand Accelerates
Maersk's upgraded earnings guidance reflects a pronounced surge in freight demand and strengthening rate environments across its global ocean freight network. This signals a recovery or acceleration i
Drewry Intra-Asia Container Index Hits Record High
The Drewry Intra-Asia Container Index has reached unprecedented levels, signaling a sharp escalation in container freight costs across Southeast Asia's most critical trade lanes. This surge reflects t
Asia-North America Air Cargo Surges 20%, Signals Sustained Demand
The Asia-North America air cargo trade lane is experiencing robust demand growth, with a reported 20% year-over-year increase that represents a continuation rather than a one-time spike. This sustaine