Shipping & LogisticsIndustry news
Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies
Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports. PORT CONGESTION Global container vessel schedule reliability dropped to 56.4% in July 2026, a decline ...