#trans-pacific-shipping
(4 articles)Rival Bid for ZIM Could Trigger Shipping Industry Bidding War
ZIM Integrated Shipping Services faces a potential acquisition bidding war after a competing offer emerged just months following shareholder approval of a $4.2 billion deal with Germany-based Hapag-Ll
Trans-Pacific Rates Hold Above Pre-War Levels Amid Capacity Cuts
Trans-Pacific ocean freight rates have stabilized approximately $1,000 per FEU above pre-February levels, with Asia-West Coast rates at $2,828 and Asia-East Coast rates at $4,340 per FEU as of mid-May
Iran Conflict Keeps Trans-Pacific Rates High Despite Low Demand
The ongoing Iran conflict and U.S. blockade of the Strait of Hormuz are creating an unusual market dynamic on trans-Pacific shipping lanes: elevated container rates during a period of traditionally lo
Trans-Pacific Container Rates Rise Amid Geopolitical Tensions
Container rates on the Asia-U.S. trade lane increased by 4–7% over the past week, driven by geopolitical tensions in the Middle East and elevated fuel costs, according to Freightos analysis. However,