In the last week, container spot freight rates have decreased slightly, however, long-term freight rates have increased by more than 90% compared to the same period last year.

Maersk sells its world-leading reefer container company to China's China International Marine Containers (CIMC) in a deal worth $987.3 million.

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 39/2021.

CMA CGM is developing the air freight segment with an order for two new Boeing 777 freighters.

According to analysts Sea-Intelligence, the reliability of container shipping schedule in August dropped to 33.6%. This is the lowest level in the past 10 years that the analyst has tracked the reliability of container shipping lines.

Costco revealed it has chartered three ships and chartered thousands of containers to move about 20% of its Asian imports over the next 12 months. Vessels with a tonnage of 800 to 1,000 TEUs.

The number of container ships in long queues at the ports of Los Angeles and Long Beach eased last weekend, however, congestion is increasing at other US and Asian ports.

In the past, NVOCCs and LCL forwarders sometimes needed only half a container full. However, with rates now hitting all-time records, those days are over.

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 38/2021.