International

Air Freight Rates Continue to Rise Amid Concerns Over Load Supply Fluctuations

Global air freight rates rose 2% last week as the market grapples with a potential supply shock on the Trans-Pacific, according to data from TAC Index, the market’s leading air freight rate tracker. The global Baltic Air Freight Index (BAI00) rose 2% in the week ending November 10, leaving the index just 3.7% below its

Vietnam – Singapore Trade: Recording Strong Progress

Trade activities between Vietnam and Singapore in the first 10 months of 2025 recorded strong progress, setting a new record in two-way turnover, reaching 33 billion SGD. This result not only reflects the regional economic resilience after global fluctuations but also shows the depth of the connection between the two dynamic economies of ASEAN. Singapore’s

GFS, RCL and TS Lines Launch New Far East-Red Sea Service

Three regional shipping lines have joined forces to open a direct service connecting major Chinese export ports with the Red Sea, with Evergreen joining in to buy slots, to ease the thirst for capacity on this hot trade route. Three shipping lines, Global Feeder Shipping (GFS), Regional Container Lines (RCL) and TS Lines, have officially

Suez Canal Optimistic About Recovery as CMA CGM ‘Megaships’ Return

The Suez Canal Authority (SCA) is optimistic that shipping traffic is slowly recovering after three giant CMA CGM container ships transited the canal in a week, signaling a return to stability in the Red Sea. The Suez Canal Authority (SCA) is optimistic that transit traffic is gradually returning to normal, after the vital waterway saw

Air Freight Rates Fall for Six Months in a Row: Peak Season ‘Quiet’

A global air freight market analysis for October 2025 shows spot rates continued to decline for the sixth consecutive month as supply outstripped demand, signaling weaker demand in the coming months, despite a slight increase in volumes. Rates Fall as Market Shifts to Favor Shippers The air freight market is shifting further in favor of

Descartes: US Container Imports ‘Stand Still’ in October

A new report from Descartes shows that US container imports in October were nearly flat, down 7.5% year-on-year, reflecting importer caution in the face of trade uncertainty and slowing consumer demand. Descartes Systems Group has just released its November Global Shipping Report, which highlights that US container imports were nearly flat in October, while total

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