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Drewry

The oversupply of containers is contributing to second-hand container market prices plummeting, a new Container xChange report said.

6 Million Extra Containers Are Flooding the Global Supply Chain

The container market has definitely turned, but don’t expect a swift normalization, Drewry’s Container Forecaster report concluded.

Drewry: ‘Beginning of the End’ for Container Market Bull Run

Drewry’s composite World Container Index on ocean carrier freight rates fell 3 percent to $7,285.89 per FEU for the week ended June 23.

Ocean Freight Rates: Inflation, Consumer Spending Move Maritime Market

The ocean cargo supply chain, including sky-high freight rates, isn’t likely to see a return to normalcy until 2023, an expert said.

Cargo Congestion Infecting East Coast Ports, Drewry Warns

Despite the war in Ukraine and Covid lockdowns in China, the Freightos Baltic Global Index was largely stable in March.

Ocean Freight Rates Ease but Fog of War Darkens Outlook

Drewry and Container xChange entered a partnership combining xChange’s rich ocean freight platform data and Drewry’s research capabilities.

Container xChange, Drewry Partner to Leverage Cargo Container Data, Analysis

The FMC's proposal would limit the time ocean cargo carriers have to bill shippers and would also require more transparency on charges.

Federal Maritime Commission Eyes New Late Fee Rules

Inflationary pressures are being felt on many aspects of the apparel and textile supply chain, from raw materials to shipping.

From Cotton to Containers, Supply Chain Prices Stay Inflated

The unanimous vote moves OSRA one step closer to becoming law as Congress now works to shore up differences in the two versions of the bill.

‘No Quick Fix’ for Freight Rates, Project44 Warns

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