Insights and Stories on Containers

U.S. port strike ends leaving cargo backlog

Oct. 4, 2024 at 8:24 am CDT

U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time.

Bulk ocean freight rates fall from highs despite uncertainty

Jan. 17, 2024 at 8:36 am CST

By Phil Franz-Warkentin

Bulk ocean freight at highest level of past year

Oct. 18, 2023 at 7:58 pm CDT

By Phil Franz-Warkentin

Ukraine announces ‘humanitarian corridor’ for other stuck ships

Aug. 10, 2023 at 7:31 pm CDT

By Olena Harmash

Pulse weekly outlook: Exports solid through 10 months

Jul. 18, 2023 at 4:59 pm CDT

By Phil Franz-Warkentin

Pulse weekly outlook: B.C. port strike drags on exports

Jul. 11, 2023 at 6:40 pm CDT

MarketsFarm — As the 11-day-old port workers strike in British Columbia continued to impede exports from Canada’s West Coast, Marcos Mosnaim of Export Packers said the work stoppage was taking a toll on the country’s pulse exports — specifically those exported by container. “So you have cargo held in Vancouver […]

By Glen Hallick - MarketsFarm

File photo of a docked grain vessel at a Black Sea port in Turkey.

Bulk ocean freight rates recover off lows

Feb. 27, 2023 at 7:12 pm CST

MarketsFarm — Ocean freight rates have shown some strength in late February, with the Baltic Dry Index (BDI) recovering off two-and-a-half-year lows hit earlier in the month. The BDI, a major indicator of bulk shipping rates, has risen for seven straight sessions to settle Monday at 935 points, up from […]

By Phil Franz-Warkentin

Ocean freight rates falling

Jan. 14, 2023 at 1:51 pm CST

MarketsFarm — Ocean freight rates are under pressure to start 2023, with the Baltic Dry Index (BDI) dipping to its lowest level since June 2020 as poor demand for vessels weighed on values. A seasonal slowdown of cargo movement ahead of the Chinese New Year was seen as contributing to […]

By Phil Franz-Warkentin

Ocean freight rates under pressure

Nov. 23, 2022 at 2:53 pm CST

MarketsFarm — Ocean freight rates have come under pressure over the past month, nearing their lowest levels of 2022 as mounting COVID-19 cases in China, along with increased restrictions in the country, have contributed to concerns over declining demand. The Baltic Dry Index (BDI), a major indicator of bulk shipping […]

By Phil Franz-Warkentin

Feds back Montreal port grain terminal for upgrades

Oct. 17, 2022 at 10:18 pm CDT

CanEst Transit’s grain container terminal at the Port of Montreal is putting $8 million in federal funding toward new equipment and improvements to current infrastructure. Transport Canada, in a release Wednesday, said the goal of the terminal project is to “increase the number of containers stored onsite, improve the quality […]

By Hannah Polk

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Insights and Stories on Containers

U.S. port strike ends leaving cargo backlog

Bulk ocean freight rates fall from highs despite uncertainty

Bulk ocean freight at highest level of past year

Ukraine announces ‘humanitarian corridor’ for other stuck ships

Pulse weekly outlook: Exports solid through 10 months

Pulse weekly outlook: B.C. port strike drags on exports

Bulk ocean freight rates recover off lows

Ocean freight rates falling

Ocean freight rates under pressure

Feds back Montreal port grain terminal for upgrades

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