Posts

Ocean Freight Rate Forecast 2023

Our topic for today is Ocean Freight Rate Forecast 2023. The freight market gets balanced in the shipping market cycle, has been oversupplied for several months, and will soon improve. The advice given to shippers for 2023 is to get their game plan ready for transitioning into the up cycle, the next stage of the […]

Ocean Freight Rate Forecast 2022

Our topic for today is Ocean Freight Rate Forecast 2022. On the basis of high ocean freight rates on few basic shipping routes, the average cost of the shipping went up to almost 300% in the year 2021. It cost about USD10, 500 to ship a 40-foot container from Shanghai to Rotterdam. This is 550% […]

Ocean Freight Market Outlook 2022-2024

Ocean Freight Market Outlook 2022-2024. When governments worldwide had to put lockdowns in place because of the pandemic, there was no demand for goods from other countries. In response, shipping companies cancelled trips (called “blank sailings”) and took many of their ships out of service. But 2020 was a year with two very different halves. […]

Ocean Freight Forwarders in USA: Types, Advantages & Disadvantages

Today we will breifly discuss Ocean Freight Forwarders in USA. As a method of transportation, the world’s oceans have proven indispensable throughout history. Ocean and air freight are the two most prevalent and virtually exclusive methods for international delivery. Such possibilities are available for transporting autos, items, and other cargo for commercial or personal purposes. […]