ESS-Feed Weekly reports on global news related to the supply chain of protein, spanning from its production, processing, trading, distribution, and consumption. It covers the journey of food from its…

"Softening consumer spending has dragged down shipping demand and freight rates," shipping giant CMA CGM said on Friday after reporting further gains in quarterly profits.

Shippers and liners received both good and bad news yesterday as they surveyed the Nordic port strikes and congestion recently.In Germany, an agreement was reached between the union and the…

Nearly 2,000 workers at the port of Felixstowe, which handles about 4 million containers a year from 2,000 ships, quit their jobs on Sunday.

AP Moller-Maersk on Wednesday predicted a slowdown in global shipping container demand this year amid weakening consumer confidence and supply chain congestion.

Container shipping spot prices have fallen for his 22nd straight week and are now down more than 25% year-over-year. Long-term container freight rates also peaked, but remained more than double…

According to the exchange, the China Containerized Freight Index (CCFI) average rose 3.5% per month to 3,228.37 during the period.

Container shipping prices are coming down

For a suspicious cartel that President Biden believes is sneaking up on Americans, containership oligopoly does do a poor job of managing its future capabilities. New container ship prices continue…

Drewry: Spot rates below 2021 levels. Xeneta: Spot rates below contract rates. The transpacific container spot rate has crossed two bearish thresholds. It depends on which clue you believe, but…